Bombing: 3 Ways to Profit on Friday | SchoolOfTrade Newsletter 07/17/14

Today’s Newsletter:

• Markets Today: Reaction to Airplane Bombing
• News for Tomorrow: OPEX Friday, Crude Oil Rollover, Continued reaction to the Terrorism on Thursday
• Trading Opportunities: Buying Gold and Crude Oil, Selling Mini-Russell

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FRIDAY NEWS:
- Expect additional reaction to Thursday's Plane Bombing
- Crude Oil Rollover to 09-14 Contract
- Options Expiration Friday
- "Summer Friday" = Low Volume

GOLD:
- Pushes higher on unrest in Middle East
- Half-way between recent highs @ 1346.8 and lows @

1292.7
- waiting for pullbacks to BUY
- Staying patient to listen to news developements

CRUDE:
- Pushes higher on unrest in Middle East
- Halfway between recent highs @ 107.45 and lows @ 99.00
- waiting for pullbacks to BUY
- Staying patient to listen to news developements

RUSSELL:
- Pushes LOWER on unrest in Middle East
- Moves below Daily Chart Support @ 1133.3
- Next Target below @ 1103.3
- waiting to sell with Retracement off new lows
- Staying patient to listen to news developements

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