Emini and Nasdaq are bullish overall on the 60min, with a bearish range on the tick charts…Put those 2 clues together and it’s easy to see why this Slingshot Breakout is my favorite trade tomorrow morning!
These charts look great tonight – I see (2) clues telling me this Slingshot Breakout could be the easiest money we make all week!
Emini and Nasdaq are bullish overall on the 60min, with a bearish range on the tick charts…
Put those 2 clues together and it’s easy to see why this Slingshot Breakout is my favorite trade tomorrow morning!
E-Mini S&P (ES):
Emini is bearish into a range in an overall bull market, telling us to look for buying opportunities using bear traps off support levels below the range tomorrow morning.
E-Mini Nasdaq (NQ):
Nasdaq is bullish overall, but bearish into a range. This tells us to look for a Slingshot Breakout as price rotates off the low of today’s trading-range.
Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 – These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as liquidity. Simulated or hypothetical trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
Comments
Log in or sign up to join the conversation.