3 Pullback Entries To Watch On Tuesday

(Video length 00:46:51)

 

Are we seriously going back to All-Time Highs… again?!

Maybe not tomorrow, but with such strong bull trends on the Eminis, and hidden bullish clues on the Gold, I’ll be looking to buy the dips going into Tuesday’s session…

But where’s the best place to get long?  What if we never get the pullback?

And what if the market reverses?

I got you covered.  I’ll show you my 3 favorite places to buy pullbacks tomorrow, and how to trade the reversals if we get them.  Are you excited for tomorrow?  I sure hope so…

E-Mini S&P (ES):

E-Mini Keys to Success:

  • Bulls have control with a “runaway market” today, and with no deep pullbacks off the highs, we’d expect buyers to be waiting for anything they can get tomorrow morning.
  • I’ll be watching the next pullback closely, looking for entries with traps on a shallow pullback and seller failures on much deeper pullbacks.

Best Trades for Tomorrow: 

  • Trend = Continuations, Reversals, new Ranges
  • Buy the Shallow pullback trap
  • Buy the deep pullback failure
  • Buy the 2-Try breakout going to new highs
  • Sell the 123-Reversal
  • Sell the bounce reversal off the highs

E-Mini Nasdaq (NQ):

Nasdaq Keys to Success:

  • Bulls have control into a spike and channel (also a range) which tells us to look for entries down near the “base” of that channel/range tomorrow morning.
  • If the price tries to breakout higher, I’ll need to be careful getting in with traps before we retest the all-time highs

Best Trades for Tomorrow:

  • Trend = Continuations, Reversals, Watch for new ranges
  • Buy the shallow pullback trap
  • Buy the deep pullback seller failure
  • Buy the 2-try trap going higher
  • Sell the 123-Reversal
  • Sell the 2-try trap reversal before we retest today’s low

Gold Futures (GC):

Gold Keys to Success:

  • Bulls have control, but we’re sitting at major highs, so I’ll be looking for pullback or breakout entries going higher until something changes.
  • We have two ranges on the chart, and with bulls in control, I’ll be wise to use the bottom range for the pullback entries, or the pendulum-swing support on the opposite side with failure entries.

Best Trades for Tomorrow:

  • Range = Failures, Rotation & Breakouts
  • Buy the shallow pullback trap
  • Buy the deep pullback failure
  • Buy the 123-breakout going higher
  • Sell the rotation off the highs using a 2-try trap

Disclaimer: Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.