February 5, 2024

This *BEAR TRAP* Could Be a HUGE (and easy) PAYDAY!



Wow, these markets look confused right now!

But that’s good news for us because this “confusion” tells us exactly where the best entries and exits will be tomorrow!

Emini and Nasdaq made some wild swings back and forth today, ending the day inside a range…

Ranges act like magnets, so the game plan is simple – use that CONFUSION to find traps… these are my favorite!



E-Mini S&P (ES):

  • Emini is bullish and trying to retest last Friday’s high, but today’s strong correction tells us buyers may need to wait for a retest of today’s low before they get the move they want!

E-Mini Nasdaq (NQ):

  • The Nasdaq is bullish and buyers are trying to complete a pendulum-swing thru recent highs, so bear traps will be important to get them in as low as possible!


    schooloftrade

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