Markets are range-bound ahead of Powell’s speech tomorrow morning…
This is great news, because this *Breakout-Pullback* might be my favorite trade this week!
Emini and Nasdaq pushed higher once again today, finally settling into some ranges…
I love range-bound markets because these Breakout-Pullbacks are easy to trade!
E-Mini S&P (ES):
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Emini is bullish into a range, telling us that buyers will be looking for a breakout-pullback to new highs tomorrow morning!
E-Mini Nasdaq (NQ):
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Nasdaq is bullish with a strong move higher into a range, telling us that buyers will be looking for bear traps on the next deep pullback tomorrow morning!
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