This Fake-Out Breakout Could Be Easy Money On Tuesday

Markets are range-bound and feel a bit “nervous” ahead of big Inflation news later this week.

Vacation’s over… back to work!

Markets are range-bound and feel a bit “nervous” ahead of big Inflation news later this week…

Nervous markets… ranges are magnets… that’s why this “Fake-Out Breakout” is my favorite trade for tomorrow – don’t miss it!

E-mini is bullish into a range, telling us to look for breakouts going higher – but news on Wednesday tells me to be ready for this ‘fake-out breakout’ too!

Nasdaq is bearish into a range, and when you combine that with the 60-minute levels, this ‘fake-out breakout’ looks even better!


E-Mini S&P (ES):

(Click on image to enlarge)

E-mini is bullish and trying to complete a rotation off the low of today’s range.

Buyers will be looking for breakouts up to 4475, while sellers look for a reversal to retest today’s overnight low at 4411.25.


E-Mini Nasdaq (NQ):

(Click on image to enlarge)

Nasdaq is bullish overall, but bearish into a range.

Buyers will be looking for reversals off range lows, and strong breakouts higher, while sellers look for reversals back to weekly lows.

Video Length: 00:29:01


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