This *2-LEG PULLBACK* Could Be Secret to BIG PROFITS Tomorrow!
October is here – let’s get to work!
Markets are bullish with a strong run higher, telling us buyers will be looking for entries on the next deep pullback…
But not so fast – this *2-Leg Pullback* is an important clue, and might be the different between winning and losing tomorrow!
Emini and Nasdaq are bullish with strong runs higher – we know buyers want that next pullback, but keep your eyes open for this double-top reversal too!
Crude Oil is bullish into a range – I’d love to buy the next breakout higher, but I’d rather take this bear-trap on the next pullback instead!
E-Mini Nasdaq (NQ):
The Nasdaq is bullish with a strong run higher, telling us that buyers will be looking for entries on the next deep pullback.
The big question is, can they hold this pullback, or will sellers reverse for another strong move down tomorrow?
Keys to Success:
- Bear Bias, Strong Move higher, Resistance trend-line
- Buyers want a pullback and a retest of the high
- Sellers want a reversal off the high
E-Mini S&P (ES):
The Emini is bullish with a strong run higher, telling us that buyers will be waiting for buying opportunities on the next deep pullback ahead of a retest of the high.
Sellers, on the other hand, will be looking for that pullback to fail for a reversal back to the range below.
Keys to Success:
- Bear Bias, Strong Move Higher, Resistance Trend-line
- Bulls want a deep pullback and retest of the high
- Bears want a reversal for a move down to the range
Crude Oil Futures (CL):
Crude Oil is bullish into a range, and buyers are trying to complete a retest of today’ high…
Keys to Success:
- Bear Bias, Range Rotation
- Bulls want a breakout higher, or a bear trap below the range
- Bears want a reversal off the high for a move back to $80
