We have strong trends and sideways ranges on the charts tonight, and they both tell us to look for these (3) reversal patterns, let’s dive in!
E-mini is range-bound, and Nasdaq is trending, but they both tell us the easiest money of the week might be trading these (2) reversal patterns!
Crude Oil is bearish, and sellers are looking for a *breakout-pullback* to complete the “mission” we spoke about last night – don’t miss it!
E-Mini S&P (ES):
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Emini is bearish and grinding down to the lows of a large range, telling us that sellers will be looking for entries off resistance levels overhead, while buyers try picking bottoms with reversals.
E-Mini Nasdaq (NQ):
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Nasdaq is bullish, but we’re three legs up and running into major channels highs, the perfect place for a large correction in this overall bullish trend.
Crude Oil Futures (CL):
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Crude Oil is bearish and trying to break out below today’s range. Sellers will be looking for reversals off resistance above the range, or breakout-pullbacks going lower.
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