Long Week – TGIF

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I have a fairly hectic work schedule nowadays and I’ve been struggling to get everything done. an obvious way to save time would be to give up writing this blog, but I’m not going to do that, as I really enjoy writing it. I’m working on rebalancing my schedule so I can reliably always get these posts out in the morning, so bear with me over the next couple of weeks as I do that, and after that the posting schedule should be pretty much back to normal.

I haven’t posted the morning charts that I do for Daily Video Service subscribers at theartofchart.net here for a while so I’ll do that this morning for those of you that aren’t just trading equity indices. Trading on ES has been pretty tedious lately but TF is looking interesting here, and the other main futures I chart in detail – DX, CL, NG, GC & ZB have all been pretty interesting to trade the last few months. If you are trading ZB, DX or NG in particular I would suggest that you have a close look at those charts, and watch the accompanying 10 minute pre-market video, which you can see here. On days when I make these videos available (once a week or so) I post them before the open on my twitter (@shjackcharts), so if you don’t want to wait, that’s the best place to find them.

On equities our strong lean here is short as long as ES is respecting the weekly pivot at 2132.50 (approx 2137/8 SPX) as resistance.

ES Dec 60min chart:

161028AM ES Dec 60min

NQ Dec 60min chart:

161028AM NQ Dec 60min

TF Dec 60min chart:

161028AM TF Dec 60min

DX Dec 60min chart:

161028AM DX Dec 60min

CL Dec 60min chart:

161028AM CL Dec 60min

NG Dec 60min chart:

161028AM NG Dec 60min

GC Dec 60min chart:

161028AM GC Dec 60min

ZB Dec 60min chart:

161028AM ZB Dec 60min

It’s been a long week and I’m very glad to see Friday. I’ll be catching up with some sleep over the weekend.

Stan and I did a free educational webinar last night on trading systems and if you’d like to see the recording of that then you can see that on this page here. We do a page like this every month and all the links to register for free webinars are listed there, and the recordings are posted there afterwards. You can always find the current month’s page on our blog post listing here:

I get questions regularly about trading options and I’ve never traded them really so there’s not usually much I can say. An old trading bud of mine, Suz Smith, has recently opened a service though. She’s very sharp, really knows her stuff and she’s good, honest people, unlike quite a few people offering services out there. She also understands very well that the key to keeping subscribers for any pay service is to provide a good service that is excellent value for money. That seems obvious but it’s remarkable how many service providers in this space seem to have missed that class in Business 101. If you’re interested in Suz’s service the link to her page is here, and if you want to join the you can use the code SPREAD50 for a 50% discount. I’m not getting anything in return for mentioning this, this is just a favor to Suz and those of my readers who trade options, as I know that there are a lot of services out there that don’t deliver the goods. Suz Smith is the real deal.

Everyone have a great weekend. 🙂