This Pullback/Reversal Combination Could Be Big Money On Friday
Wow, another big move higher today!
These “melt-up” markets can be tricky, but not to worry – this *Pullback* and *Reversal* combination is all you need to know for Friday!
E-mini and Nasdaq are both bullish with big moves higher over the last two days, telling us that everyone is still waiting for that big pullback!
Smart traders know we can likely make money on BOTH SIDES of the market, but you’ll need the right gameplan – let me show you mine!
E-Mini S&P (ES):
(Click on image to enlarge)
Emini is bullish with a big, strong move higher.
Buyers will be looking for ways to “buy low” using bear traps off support levels below us.
Sellers can look for shorts, but they’ll need to use buyers’ stops as fuel with a Crown reversal pattern.
E-Mini Nasdaq (NQ):
(Click on image to enlarge)
Nasdaq is bullish with a strong range breakout this afternoon, telling us that buyers will be looking for breakout-pullbacks off the top of that range tomorrow morning.
Sellers need to be patient with all this momentum. The safest way to short is with a double-top off the high.
Video Length: 00:35:13
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