This BREAKOUT PULLBACK Could Be EASY MONEY on Thursday!
Now THAT’s a Reversal, wow!
Today’s big move higher gives us plenty of pullback opportunities tomorrow, but we need to pick our spots wisely…
Today’s range is the biggest clue, telling us this *breakout-pullback* might some of the easiest money you make all week!
Emini and Nasdaq are bullish with big moves higher – I’d love to see a deep *bear trap pullback* off the highs, or use today’s range for a breakout-pullback!
Crude Oil is bullish and FINALLY pulling back off weekly highs, and I’d love to use prior resistance as support for an easy *bear trap pullback* tomorrow!
E-Mini S&P (ES):
Emini is bullish with buyers likely looking for a breakout-pullback off today’s range before they reach major objectives up at 4073.25.
Keys to Success:
- Bull Bias, Range Breakout, Spike and channel
- Up: Wait for Bear Trap Pullbacks
- Down: Buy Breakout-pullbacks & Double-bottoms. Sell Bull Traps.
E-Mini Nasdaq (NQ):
Nasdaq is bullish with a strong breakout higher, telling us that buyers will be looking for ways to buy pullbacks before we complete the bullish objective up at 13082.
Keys to Success:
- Bull Bias, Range Breakout, Spike and channel
- Up: Wait for Bear Trap Pullbacks
- Down: Buy Breakout-pullbacks & Double-bottoms. Sell Bull Traps.
Crude Oil Futures (CL):
Crude Oil is bullish and this deep pullback tells us buyers will be looking for ways to “trap” sellers getting short into support levels below.
Keys to Success:
- Bull Bias, Spike and channel, Deep Pullback Momentum
- Up: Buy Bear Traps & Breakouts
- Down: Buy Seller failures, Crown reversals, Double-bottoms
