August 21, 2023

This CROWN REVERSAL Could Easily 15X on Tuesday!!



Weekend’s over – let’s make some money!

Markets are giving us some ‘conflicting’ signals on the charts tonight…

Long-term bearish, but short-term bullish?  In these situations, Crown Reversals are likely where the big money will be made!

Emini is bearish overall, and today’s bullish range tells us that a Crown Reversal pattern would be the best way to short this back to the lows!

Nasdaq is trending higher today, but the bearish 60minute chart reminds us to look for bull traps for the best trades going lower tomorrow!



E-Mini S&P (ES):

Emini is bearish overall, and this bullish rotation off low of today’s range tells us that a Crown reversal pattern would be the best way to short this back to the lows!


E-Mini Nasdaq (NQ):

Nasdaq is trending higher today, but the bearish 60minute chart reminds us to look for bull traps for the best trades going lower tomorrow morning.



    schooloftrade

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