This *Head Fake* Pullback Could Be Easiest Money All Week!!
Holy smokes, what a squeeze!!
Everything is bullish after today’s FOMC, and the SIZE of today’s move tells us this “head fake” pullback could be the easiest money you make all week!!
Emini and Nasdaq are bullish with BIG MOVES higher today – I’m watching (2) different pullback locations and this “head fake” will be the best signal!
Crude Oil is bullish into a range – I have (3) breakouts on my radar, but this pullback is where the real money will be made!
E-Mini Nasdaq (NQ):
The Nasdaq is bullish with a strong run higher today, telling us that buyers will be looking for entries on the next deep pullback and looking for a retest of the high.
Keys to Success:
- Strong Bull Run, Large Move Higher, Range Rotation off the high
- Buyers want a deep pullback to “buy the dip”, or a breakout higher
- Sellers want a double-top reversal
E-Mini S&P (ES):
The Emini is bullish with a strong move higher, suggesting that buyers will be looking for entries on the next deep pullback ahead of retesting the highs.
Keys to Success:
- Strong Move higher, Spike and channel
- Buyers want a deep pullback and retest of the high
- Sellers want a double-top reversal
Crude Oil Futures (CL):
Crude Oil is bullish and attempting a breakout above this afternoon’s range.
Keys to Success:
- Bullish range, possible breakout, resistance above, range below
- Buyers want a breakout higher, or buy pullbacks off channel low
- Sellers want a reversal back to $95
