This Powell Pain Trade Could Make Your Entire Week

By Joseph James of Sideways Markets

Head-Trader at SchoolOfTrade.com • Nov 30, 2023 at 10:52 PM EST

Fridays are one of my favorite days to trade, and with J-POW speaking, this PAIN TRADE might be our biggest win of the week

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Woah, what a week it’s been!

Fridays are one of my favorite days to trade, and with J-POW speaking, this PAIN TRADE might be our biggest win of the week!

Emini and Nasdaq are both trying to *rotate* back to the high of weekly ranges tomorrow morning…

But you know Powell’s gonna throw us a curveball, so keep this PAIN TRADE on your radar… it might be a HUGE winner!

E-Mini S&P (ES):

(Click on image to enlarge)

Emini is bullish after a reversal off range lows, and buyers will be looking for ways to buy as low as possible before we retest weekly highs at 4597.

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

Nasdaq buyers are trying to rotate back up into the range above, but today’s strong move down into a new range suggests we’ll see a retest of today’s low before we make the bigger move higher!

Video Length: 00:29:54

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