Image Source: Pixabay
Earnings are out… it’s money time!
Markets love to consolidate after major earnings, which means this Slingshot Reversal is my favorite trade for Thursday!
This afternoon’s range give us 3 easy trades to look for…
But if we’re lucky, we’ll consolidate overnight and give us one of my all-time favorite setups… a Slingshot Reversal!
E-Mini S&P (ES):
- Emini is bullish into a range and I’ll be looking for ways to buy Bear Traps as buyers try to complete their pendulum-swing rotation higher.
E-Mini Nasdaq (NQ):
- Nasdaq is bullish overall, but a strong move lower after the NVDA earnings tells me to buy the retest of recent lows for a double-bottom reversal!
Video Length: 00:23:28
More By This Author:
Bull Trap: Don’t Let This Pullback Fool YouThis Bear-Trap Could Be Our Biggest Win Of The Week
This Rug Pull Could Be A Huge Payday
Comments
Log in or sign up to join the conversation.