This Fakeout Break-Out Could Double Our Profits Tomorrow

By Joseph James of Sideways Markets

Head-Trader at SchoolOfTrade.com • Jul 15, 2024 at 10:30 PM EDT

Markets are choppy and range-bound ahead of major corporate earnings later this week…Ranges act like magnets, and they love to rotate – that’s why these Fakeout Breakouts could easily DOUBLE our profits tomorrow!

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Back to work, let’s make some money!

Markets are choppy and range-bound ahead of major corporate earnings later this week…

But you know me – I love markets like these because these Fakeout Breakouts are usually easy money!

Emini and Nasdaq are range-bound right now, which makes our job easy for tomorrow…

Ranges act like magnets, and they love to rotate – that’s why these Fakeout Breakouts could easily DOUBLE our profits tomorrow!

E-Mini S&P (ES):

Emini is bullish into a range, so the plan is to buy low, sell high, and focus on failures while the price rotates back and forth like a pendulum.

E-Mini Nasdaq (NQ):

Nasdaq is bullish into a range, telling us to look for ways to sell the highs with bull traps and buy the lows with bear traps tomorrow morning.

Video Length: 00:23:37

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Disclaimer:

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