This BEAR TRAP Could Be Your BIGGEST WINNER of the Week!
We got the Reversal… now what?
Markets are still bullish overall, and today’s bearish reversal tells us tomorrow’s BEAR TRAP might be your biggest winner of the week!
Emini and Nasdaq are bearish in the short-term, giving us the PERFECT SETUP for a *bear traps* off key support levels on the 60-minute!
Crude Oil is bullish, trying to finish range rotation, and these (2) Bear Trap Patterns are likely where the easy money is made tomorrow!
E-Mini S&P (ES):
Emini is bearish into a range, telling us to look for shorts off resistance above the range, and breakouts below it.
E-Mini Nasdaq (NQ):
Nasdaq is bearish with a strong move, suggesting that sellers will be looking for another leg lower before we make our way back up into the 60-minute range.
Crude Oil Futures (CL):
Crude Oil is bullish as it rotates off the low of the 60minute range, trying to complete a 3-legged pendulum-swing higher.
