Markets are giving us some ‘conflicting’ signals on the charts tonight…
Long-term bearish, but short-term bullish? In these situations, Crown Reversals are likely where the big money will be made!
E-mini is bearish overall, and today’s bullish range tells us that a Crown Reversal pattern would be the best way to short this back to the lows!
Nasdaq is trending higher today, but the bearish 60-minute chart reminds us to look for bull traps for the best trades going lower tomorrow!
E-Mini S&P (ES):
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Emini is bearish overall, and this bullish rotation off low of today’s range tells us that a Crown reversal pattern would be the best way to short this back to the lows!
E-Mini Nasdaq (NQ):
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Nasdaq is trending higher today, but the bearish 60-minute chart reminds us to look for bull traps for the best trades going lower tomorrow morning.
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