Markets are bullish after today’s beautiful range reversal, and it smells like we’re setting-up for a massive short-squeeze…
But before you get long, learn these (3) setups because they could be your biggest winners of the week!
E-mini and Nasdaq are both bullish, but (2) key differences tell us the best ways to trade them. Here are (3) easy setups to finish the week with some more green!
E-Mini S&P (ES):
Emini is bullish as buyers try to trigger another short-squeeze back to major highs overhead, but they’ll need to push thru major highs, or wait for deep pullbacks to buy tomorrow morning.
E-Mini Nasdaq (NQ):
Nasdaq is bullish with a strong run higher as sellers get squeezed and buyers make their way back to major highs overhead.
Buyers will need to act quickly with trap entries on the way up to the prior week close, or stay patience for deep pullbacks off support levels below.\
Disclaimer: Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 – These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as liquidity. Simulated or hypothetical trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
