Markets are bullish into the close, but there’s ONE BIG CLUE telling us this Range Reversal might be our easiest win of the week!
Emini and Nasdaq finally gave us that deep pullback we’d been waiting for, but they failed to finish the job!
Now with momentum shifting for the bears, it’s time to look for this range reversal going lower!
E-Mini S&P (ES):
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Emini is bullish, but a “Failed Rotation” back to range highs, combined with a strong move down earlier today, makes it easy to see this market tumbling lower!
E-Mini Nasdaq (NQ):
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Nasdaq is bearish into a range, and with buyers failing to complete their pendulum swing back to weekly highs, it’s safe to assume sellers will be looking for a run back to recent lows!
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