Trap Alert; This Bear Trap Could Easily 15x Tomorrow
Video Length: 00:43:59
What a move, what a day!!!
Markets spiked higher after today’s CPI Report, and since we never got that DEEP pullback today… you better be ready for this “bear trap” tomorrow!
Emini and Nasdaq are bullish and I’m watching for a breakout tomorrow, but I want this “bear trap pullback” even more!!
Crude Oil is bullish with a strong spike higher, but I have (3) reasons why sellers will be looking for a reversal back to $90 tomorrow morning!
E-Mini Nasdaq (NQ):
(Click on image to enlarge)
The Nasdaq is bullish into a range, telling us that buyers will be looking for entries at support levels below the range, along with breakouts going higher.
Keys to Success:
- Bull Bias, Range rotation off the low, Spike, and channel
- Buyers want a breakout higher or deep pullback below the range
- Sellers want a major reversal off today’s high.
E-Mini S&P (ES):
(Click on image to enlarge)
The Emini is bullish and buyers are trying to break out of today’s range.
Keys to Success:
- Bull Bias, Spike, and channel, Range Rotation off the low
- Buyers want a breakout higher or a deep pullback to range lows.
- Sellers need a reversal off the high
Crude Oil Futures (CL):
(Click on image to enlarge)
Crude Oil is bullish with a strong “pendulum-swing” running higher. Buyers will look for breakouts higher, but sellers are looking for a reversal!
Keys to Success:
- Bear Bias, Range rotation off the low, Pendulum-swing!
- Buyers want a breakout higher
- Sellers want a reversal back to the range!
More By This Author:
This CPI Squeeze Could Make Your Entire Week
Breakout Alert: This ‘Bear Trap’ Could Be An Easy 10x Payday
Breakout Alert: This ‘Short Squeeze’ Could Be Huge
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