September 28, 2021

The ONE Pullback You Can’t Afford to Miss on Wednesday!



Where’s the best pullback for tomorrow?

Everything is bearish going into Wednesday’s trading session, and with ranges at the end of the day, we know our plan is simple for tomorrow…

Ranges act like magnets — so with all this bearish momentum, the best entries will be selling at resistance levels above today’s ranges, or breakouts running lower…

Emini, Nasdaq and Gold are all quite similar – but there’s one chart, and one pullback that you don’t want to miss on Wednesday.  Let me show you…



E-Mini S&P (ES):

E-Mini Keys to Success:

  • Sellers made a strong move lower into a trading-range today.
  • Sellers will be looking for shorts at resistance levels above the range, or selling breakouts on strength going lower.
  • Buyers can look for reversal longs off support levels below the range, or buy the 123-Reversal pattern running higher on strength.

Best Trades for Tomorrow: 

  • UP – sell the buyer failure (or) buy the 123-Reversal
  • DOWN – sell the 123-breakout (or) buy the seller failure
  • SIDEWAYS – sit on hands to avoid the range middle.  Wait for a breakout.

E-Mini Nasdaq (NQ):

Nasdaq Keys to Success:

  • Like the Emini, Nasdaq sellers took price lower on strength and finished in a range.
  • Sellers are looking for shorts at resistance levels above the range, along with selling breakouts going lower.
  • Buyers can look for reversal longs off range lows, along with 123-Reversal patterns running higher.

Best Trades for Tomorrow: 

  • UP – sell the buyer failure (or) buy the 123-Reversal
  • DOWN – sell the 123-breakout (or) buy the seller failure
  • SIDEWAYS – sit on hands to avoid the range middle.  Wait for a breakout.

Gold Futures (GC):

Gold Keys to Success:

  • Like the Emini and Nasdaq, Gold also went lower into a range today.
  • Sellers would love to short resistance levels above the range, or sell breakouts
  • Buyers can buy support levels below the range, or trade the 123-Reversal going higher.

Best Trades for Tomorrow: 

  • UP – sell the buyer failure (or) buy the breakout
  • DOWN – sell the breakout (or) buy the seller failure
  • SIDEWAYS – sit on hands to avoid the middle, wait for a breakout.


    schooloftrade

    Click Here to Leave a Comment Below

    Leave a Reply: