SHORT SQUEEZE! This BREAKOUT PULLBACK Could Easily 10X on Friday!
Now, that’s what I call a Bear Trap!
Sellers got squeezed today, and everyone’s looking for the next great entry…
Whatever you do… don’t chase these markets higher – wait for this BREAKOUT-PULLBACK instead!
Emini and Nasdaq are bullish after today’s Bear Trap – it’s tempting to chase this, but this BREAKOUT-PULLBACK will be worth waiting for!
Crude Oil is bearish, but the 60m range tells us the best trade tomorrow is this crown reversal off the low!
E-Mini S&P (ES):
Emini is bullish after today’s bear trap and buyers will be looking for ways to “buy the dips” as we attempt a breakout thru major highs overhead.
E-Mini Nasdaq (NQ):
Nasdaq is bullish and trying to make its way back into the range where the week began. Buyers will be looking for ways to buy traps and pullbacks on the way higher.
Crude Oil Futures (CL):
Crude Oil is range-bound and rotating back and forth from high to low, telling us to buy low, sell high, and trade that rotation.
