This *FAKE-OUT BREAKOUT* Could Be EASY 15x Tomorrow!!
Big day tomorrow – you ready?
Markets made another big move higher today, and buyers just retested their highs!
Keep an eye out for one of these (4) breakout patterns tomorrow, and if we’re lucky, this ‘fake-out breakout’ pattern could be the best trade of the week!
Emini and Nasdaq are bullish into a range, and I’m watching for some easy breakout patterns tomorrow – but what I really hope for, is this ‘fake-out breakout’ instead!
Crude Oil is bullish into a range ahead of the OPEC meeting tomorrow – it’s ease to assume this “production cut” will give buyers easy breakouts, but the BIGGER profits could easily be this ‘fake-out breakout’ instead!!
E-Mini Nasdaq (NQ):
Nasdaq is bullish with a strong run higher and buyers are just about ready to retest the high.
Can buyers get a breakout to complete the pendulum-swing? Or will sellers hold off these highs and create a big range tomorrow?
Keys to Success:
- Bear Bias, Strong Bull Run, Range Rotation
- Bears want a reversal off the high
- Bulls want a breakout higher, or entries off support below
E-Mini S&P (ES):
The Emini is bullish with buyers trying to get a breakout higher tomorrow.
Don’t forget the overall bear bias, look for a reaction from sellers at the highs with a target back below 3760
Keys to Success:
- Bear bias, strong bull run, rotation off the low
- Bulls want a breakout higher, or entries off support below
- Bears want a reversal back to the low of day
Crude Oil Futures (CL):
Crude Oil is bullish into a range, telling us to look for buying opportunities at support below, or breakout trades above!
Keys to Success:
- Bear Bias, Bullish range, multi-day channel
- Bulls want a breakout higher, or a pullback to support below the range
- Bears want a reversal back to $80
