This BREAKOUT PULLBACK Could Be EASY MONEY on Wednesday!

Finally, the breakout we’ve been waiting for!

Markets are bearish with strong breakouts lower, giving sellers the perfect opportunity for a breakout pullback…

Entries can be tricky on these; the key is using “stops as fuel” like this!

Emini and Nasdaq are bearish after today’s breakout – I’m looking for a breakout-pullback to sell back down, and don’t forget the reversal off the low!

Crude Oil is bearish too, but we’re in a horrible place to sell – let’s see if this 2-try failure can give us a short squeeze back up into the range again!

E-Mini S&P (ES):

Emini is bearish after a strong breakout of the weekly range, telling us to expect sellers to be looking for a breakout-pullback for shorts tomorrow morning.

We do have a new range trying to develop at today’s lows – if we go sideways overnight, the goal will be to sell the bounces back into the range below.

E-Mini Nasdaq (NQ):

Nasdaq is bearish with a strong breakout lower, followed by a sharp rebound.

We assume sellers will be looking for a retest of that major low, while buyers look for reversals back into the range above.

Crude Oil Futures (CL):

Crude Oil is bearish, sitting on support below the weekly range.

Buyers will be looking for a reversal back up to range highs, while sellers look for a breakout into pullback going lower.