This Bear Trap Breakout Could Be Easy Money On Tuesday
Big week ahead, let’s go get some!
Markets are bullish after today’s reversal, and buyers will be looking for breakouts going higher…
Timing is everything right now – don’t chase it, wait for this *bear trap* because it could easily be the biggest trade on Tuesday!
E-mini and Nasdaq are bullish and trying to retest last Friday’s high – bear traps will be key on the breakout, then wait for this deep pullback afterwards!
Crude Oil is bullish and I’ll be looking for *bear traps* below the monthly, or breakouts above it – keep these (3) patterns on your radar!
E-Mini S&P (ES):
(Click on image to enlarge)
Emini is bullish and buyers are trying to complete a pendulum-swing rotation off the low of last week’s range.
Keeping that in mind, buyers will be looking for Trap entries going higher, or deep pullbacks using seller failures off the low of this channel.
E-Mini Nasdaq (NQ):
(Click on image to enlarge)
Nasdaq is bullish and trying to retest today’s high with a ‘Pop & Grind’ channel.
With that said, buyers would love to buy a pullback off channel lows, but they may need to get aggressive with bear traps if price continues to grind higher.
Crude Oil Futures (CL):
(Click on image to enlarge)
Crude Oil is bullish and still trapped inside the monthly range.
Knowing this, buyers are still looking for seller failures off support below the range, or breakouts going higher on strength.
Video Length: 00:36:04
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