Buyers just completed their rotation on the 60min…
Combine that with (2) clues on the tick charts, and it looks like Bull Traps are where the money is made tomorrow!
Great work on the Breakout Pullback today!
Now I see (3) clues on the charts tonight, telling me it might be time for sellers to have some fun tomorrow too!
E-Mini S&P (ES):
Emini is bullish overall, but this recent “rejection” off the highs tells me sellers will be hunting for another leg lower, and buyers should wait to re-enter after a retest of today’s low.
E-Mini Nasdaq (NQ):
Nasdaq is bullish overall, but we’re rotating off the high of the 60minute range, telling me to sell bull traps during the pullback, and look for buying opportunities with a double-bottom tomorrow morning!
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