This Breakout Pullback Could Easily 15x Tomorrow

By Joseph James of Sideways Markets

Head-Trader at SchoolOfTrade.com • May 17, 2023 at 10:34 PM EDT

Today’s breakout made buyers a lot of money, and there’s likely more coming tomorrow.

Holy smokes, what a move!

Today’s breakout made buyers a lot of money, and there’s likely more coming tomorrow…

Whatever you do, don’t chase it – wait for this Breakout-pullback setup because it could be the easiest money you make all month!

E-mini and Nasdaq are bullish into new ranges, giving us the perfect recipe for one of (3) breakout-pullback setups tomorrow – look for these!

Crude Oil is bullish, trying to retest major highs overhead – I’d love a breakout-pullback, but I’ll take this “shallow bear-trap” if we get it!

E-Mini S&P (ES):

E-mini is bullish into a range this afternoon, telling us to look for buying opportunities at support levels below the range, along with breakouts going higher.

E-Mini Nasdaq (NQ):

Nasdaq is bullish into a range, and it’s safe to assume buyers will be looking for breakout-pullback entries off the highs of yesterday’s range waiting below us.

Crude Oil Futures (CL):

Crude Oil is bullish after a range breakout and buyers are looking for ways to get in before we reach overhead resistance at the top of last week’s range. (73.87).

Video Length: 00:32:51

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Also Mentions:

QQQ OIL SPY USO NDX SPX

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