This Earnings Trap Could Be The Easiest Money All Week
Video Length: 00:44:04
Great day today, but tomorrow’s gonna be even better!
We just saw the first earnings reports released this afternoon, giving us BIG CLUES going into tomorrow morning…
Buyers seemed to love this afternoon’s earnings, which is great because this *bull trap* could be the biggest trade of the week!!
E-mini and Nasdaq are range-bound, with buyers looking for a breakout – I’m open for a bull breakout, but I’d rather grab this bull trap short instead!
Crude Oil is bearish into a range – I’ll be looking for breakouts down to $80, but I’m hoping for this easy bull trap instead!
E-Mini Nasdaq (NQ):
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The Nasdaq is bullish with buyers “rotating off the low” of today’s range.
Sellers will be looking for ways to short back into the range, while buyers look for a breakout to new highs.
E-Mini S&P (ES):
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The Emini is bullish, but this “range inside a range” tells us that sellers will be looking for entries off today’s high, while buyers look for a strong breakout.
Crude Oil Futures (CL):
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Crude Oil is bearish with a strong run lower into a range today, telling us that bears will likely be selling the bounces as we head back to $80.
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