These *2 RANGES* Could Be the Secret to EASY MONEY Tuesday!!
Here we go again – back to work!
Last Friday’s big move down turned into TWO RANGES today, and multiple ranges tell us exactly where to find the biggest winners tomorrow – are you ready?
Emini and Nasdaq are bearish with 2 ranges on the chart – ranges act like magnets, and when you combine that BIG MOVE down last Friday, we have an easy plan for profits on Tuesday!
Crude Oil is bullish with a strong move higher today, telling us to look for (3) pullback entries, and a reversal for tomorrow!
E-Mini Nasdaq (NQ):
The Nasdaq is bearish and trading back and forth between 2 ranges on the charts this evening, telling us to fade breakouts around the edges of the range.
Keys to Success:
- Bear Momentum, Two Trading-range
- Buyers want to buy range lows, and buy breakouts going higher
- Sellers want to sell range highs, and sell breakouts lower
- What would a breakout look like? Could it snap back?
E-Mini S&P (ES):
Just like the Nasdaq, the Emini is bearish and rotating between two trading-ranges, telling us to wait for a breakout and focus on trading back into the range where we came from.
Keys to Success:
- Bear Bias, Multiple Trading-range
- Sellers want to sell off range highs, and sell breakouts going lower
- Buyers want to buy a breakout going higher, or buy range lows.
Crude Oil Futures (CL):
Crude Oil is bullish with a large run higher today, suggesting that buyers will be waiting patiently for the next deep pullback off the highs.
Keys to Success:
- Bull bias overall, strong move higher
- Buyers want to buy a deep pullback for a retest of the high
- Sellers want a double-top reversal, or pop and grind reversal.
