These Range Traps Could Be Easy Money On Tuesday

Chart, Trading, Courses, Forex, Analysis

Image Source: Pixabay

Final week of July, let’s do this!
 

Markets made “big moves” up and down today, telling me there’s a range in play for tomorrow…

Ranges love to rotate, which is why these range traps are my favorite trades for Tuesday!

Lots of Traps on these charts tonight…

But anytime we see big moves back and forth like this, we know there’s a range hiding somewhere on the chart…

That range tells us rotation is likely where the money, which is why I love these traps for tomorrow!


E-Mini S&P (ES):
 

  • Emini is overall bullish, with a strong run lower into a range.
  • That strong run lower will want to retest before we resume the overall bullish trend, so I’ll be looking for ways to buy a “retest” trade tomorrow morning


E-Mini Nasdaq (NQ):
 

  • Nasdaq is bullish into a range, telling me to look for buying opportunities using bear traps below the range, and breakout pullbacks above it!

Video Length: 00:25:38


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