Futures are up strong this morning, and the market is looking healthy — so far…
That’s the little picture, but we need to look at the big picture. As for the big picture, a lot of people aren’t asking the right questions…
If you don’t ask the right questions, you won’t get the right answers. If you can ask the right questions, then you’ll have a much, much easier time navigating the market, making you a better trader.
It’s crucial to focus on the things that are relevant — not just what you think is relevant. Don’t miss the forest for the trees and look at everything. And that’s why each morning in my “Premarket Must Watch,” we look at things like…
Crude oil is starting to rise, which is a good sign for the market. Energy prices rising means we have less fear of a recession. The only problem is we’re still below the 200-day moving average and key value areas like the eight-day EMA.
So what’s the question you need to ask yourself today?
How much positive data are we going to get on the economy before the next down move comes?
I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. URGENT! Seasonality Window for August Could Be Opening SOON
Don’t let the window close on these three bullish trading opportunities!
Join me at 1 p.m. ET TODAY, Aug. 7, to get details about the seasonality surge that could be set to hit for the second week of August.
Three of the most bullish tickers have already set up nicely for this time frame…
Just as they’ve done for the past 34 years!
Which means we should only need to hold them for 10 days to target what could be a nice double-digit profit.
While I cannot promise future profits or shield against losses, you still need to see the names of these tickers!
