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Oh boy, here we go again!

Eminis are range-bound, and Crude Oil’s trending higher – they both have plenty of trades to look for, but my favorite on BOTH are these double-top reversals!

Emini and Nasdaq are bearish into ranges – I’m expecting a breakout running lower, but I’m praying we get this double-top reversal first!

Crude Oil is bullish with a strong run higher today – I’m looking for a deep, 2-legged pullback to “buy the dip” and then finish the day with a double-top reversal!

With major news tomorrow morning, you don’t wanna miss these!

E-Mini S&P (ES):

(Click on image to enlarge)

The Emini is trading back and forth inside a wide range, and sellers are currently trying to complete their rotation back to the lows.

Keys to Success:

• Range rotation from high to low
• Sellers want to sell resistance above the range & breakouts thru the lows
• Buyers want to buy support levels below the range & breakouts thru the high
• Breakouts are easy without a lot of strength because we have major highs and lows just outside this range.

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

The Nasdaq is bearish and rotating off the high of today’s trading range.

Keys to Success:

• Bearish as we rotate off the highs
• Sellers want to sell resistance above the range, or breakouts going lower.
• Buyers want to buy support below the range, or breakouts going higher.
• Beware breakouts because we have major levels above/below this range.

Crude Oil Futures (CL):

(Click on image to enlarge)

Crude Oil is bullish with a large run higher today, suggesting that either a range or deep pullback will be coming next.

Keys to Success:

• Strong bull run, buyers will be looking for pullbacks
• A large move in one day usually means a range the following day
• Buyers want to buy the dip or buy below a new range.
• Sellers want a double-top reversal, or 123-Reversal going lower.
• What would a breakout look like?  Could it snap back?