Image Source: Pixabay

Are you seeing this range on the chart tonight?
 

Combine that with the big move higher over the last couple days, and this Rug Pull Trade is one of my favorites!

Remember that range from yesterday?

I hope so, because it still hasn’t given us a Breakout Pullback and I’d love to use that for our Rug Pull Strategy tomorrow morning!

E-Mini S&P (ES):
 

• Emini is bullish and sellers are trying to complete a rotation off the high of today’s range.
• Knowing this, I’m looking for ways to sell a Bull Trap as it rotates lower, then buy a Bear Trap when it completes the move!

E-Mini Nasdaq (NQ):
 

• Nasdaq is bullish overall, but traded lower into a bearish range today.
• Keeping this in mind, I’ll be looking for buying opportunities using bear traps below the range, hoping for a Slingshot Reversal as it rotates higher!

Video Length: 00:25:35

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