Markets are bullish overall, but bearish into a range…
The perfect recipe for a Bear Trap!!
Everyone’s waiting on that Personal Income (inflation) report tomorrow morning…
Let’s hope the market runs lower, because this Bear Trap could be our biggest paycheck of the month!
E-Mini S&P (ES):
Emini is bullish overall, but trading lower into a range, which tells us to look for buying opportunities below the range using bear traps!
E-Mini Nasdaq (NQ):
Nasdaq is bearish into a range, and the overall bullish trend tells us to look for a reversal going higher tomorrow. The big question is, what will the news do?
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