Trading Notes for May 4 - May 8

-upsloping 20 SMA testing the cloud on /ES; breakout could mean next leg higher to 3000; failure could mean potential testing of March lows

-Gold and Crude both at critical re-test levels

-Watch XLV, the heath care ETF for a long setup this week

About the author

Vince Vora is the head trader at Over the last three decades, he has been trading and refining his trading systems that are based on technical analysis and price action. Over the last few years, his focus has been on teaching people how to become better traders. His systems range from simple to sophisticated and can be used in any market conditions to trade stocks, options, futures and forex. By: TradingWins Team

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