Everyone’s confused after markets sold-off after such a bullish CPI Report today…
But don’t worry – the charts look beautiful tonight, and this Range Reversal could be our easiest win of the week!
Markets made a strong move down into a trading-range today…
Put those 2 clues together – strong move, range – and it’s easy to see why this range reversal might be the biggest win of the week!
E-Mini S&P (ES):
Emini is bearish into a range after a big move lower, telling us to trade this range rotation – buying low, selling higher, fade the breakouts.
E-Mini Nasdaq (NQ):
Nasdaq is bearish into a range in an overall bull market so I’ll be looking to short bull traps off the highs, and buy bear traps off the lows, trading the rotation back and forth.
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Or not :)))
