This CPI Squeeze Could Make Your Entire Week
Video Length: 00:43:33
CPI Tomorrow – Are You Ready?!
Markets are bearish going into major news tomorrow – I’m ready for a breakout lower, but this *CPI Squeeze* could be the easiest money all week!!
Emini and Nasdaq are bearish into ranges – we know sellers want a breakout, but the REAL opportunity is when they fail!
Crude Oil is bearish too – I’d expect a range breakout down to $85, but the easier money could be this ‘fake-out breakout’ below today’s low!
E-Mini Nasdaq (NQ):
(Click on image to enlarge)
The Nasdaq is bearish into a range with buyers trying to complete a pendulum-swing rotation up off the lows.
Keys to Success:
- Bull Bias, Bear Momentum, Rotation off the low
- Buyers want a pendulum-swing reversal
- Sellers need to hold this next pullback or get a breakout lower.
E-Mini S&P (ES):
(Click on image to enlarge)
The Emini is bearish into a range, but the buyers are looking for a reversal with this momentum swinging bullish off the lows.
Keys to Success:
- Bull Bias, Bear Momentum, Rotation off the low
- Buyers want a “slingshot” breakout higher
- Sellers want entries off resistance above the range, or breakouts lower.
- Beware the head-fake with a bear breakout, there’s major support below!
Crude Oil Futures (CL):
(Click on image to enlarge)
Crude Oil is bearish with a strong run lower, suggesting sellers will be looking for another leg lower before buyers try grabbing a reversal off today’s low!
Keys to Success:
- Bear Bias, Strong Move Lower, Trading-range
- Buyers want a double-bottom reversal or bear trap higher
- Sellers want a breakout lower
- Beware the ‘fake-out breakout’ into the measured-move support!
More By This Author:
Breakout Alert: This ‘Bear Trap’ Could Be An Easy 10x Payday
Breakout Alert: This ‘Short Squeeze’ Could Be Huge
Reversal Alert, This Short Squeeze Could Easy 15x Tomorrow
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