Tuesday May 8, 2018 blackFLAG© Futures Trading System

All Charts Include The Levels Below!

The blackFLAG© FTS SIGNALS DICTATE THE MOVE,  not a traders' interpretation of support /resistance levels.  The chart lines provide guidance but movement is dictated by price action which is reflected by the signals.  One may be expecting a bounce but if price action decides to back test or to turn over and fail, one must follow the alerts.  As a day trader, one must be detached from a pre-determined analysis.

"Follow the alerts".

 

The same opportunities will be here tomorrow and the next day!

Considering the Possibilities!

S&P 500

  • 7:27 AM - Daily Pivot $2,670

OIL

  • 7:27 AM Daily Pivot $70.10

GOLD

  • 7:26 AM Daily Pivot $1,309.5
2 Oil Futures 300 px 2017-11-24_18-22-51

Comments:

/CL

Gold

Comments:

/GC 

Notes:

Tuesday - For Oil, it is critical to consider that Trump will announce what he will do regarding the Iran Deal.  A few transactions today.  As a result of the Iran news, the market was skittish. 

Gold did provide a good long entry but I was away from my computer at the time.  Regardless, I have a "Small Win" for the day with Oil and S & P trades.

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