This *PERFECT PULLBACK* Could Be an Easy 15x Tomorrow!!
Oh, we’re not done yet – more coming tomorrow!
Markets collapsed and ran lower today, setting up what might be one of the easiest trades of the week on Thursday…
If you haven’t hit your goal this week, here’s your chance to finish the week strong!
Emini and Nasdaq made strong runs lower today, telling us to “short the bounces” tomorrow morning. Where’s the best entry? You might be surprised!
Crude Oil is bearish too, and we can assume sellers will be watching this “hidden” resistance level for the perfect pullback entries tomorrow!
Friday’s Veteran’s Day, so let’s make tomorrow count!!
E-Mini S&P (ES):
The Emini is bearish with a strong run lower this afternoon, telling us that sellers will be looking for entries on the next deep retracement off today’s lows.
Buyers have a tough job ahead of them – all this momentum will make it hard to reverse direction, and there’s a big resistance trend-line looming overhead.
Keys to Success:
- Strong move down, resistance trend-line, range breakout
- Bears want to sell retracements at resistance overhead
- Bulls want a double-bottom reversal
E-Mini Nasdaq (NQ):
The Nasdaq is bearish with a strong run lower to finish the session, telling us that sellers will be looking for shorts off resistance overhead.
Keys to Success:
- Strong Move Down, Resistance trend-line, Range breakout
- Bears want to short the next bounce using resistance levels above
- Bulls want a strong reversal higher, or a double-bottom reversal
Crude Oil Futures (CL):
Just like the others, Crude Oil is also bearish with a strong run lower, telling us that sellers will be waiting to short the next decent bounce off today’s low.
Keys to Success:
- Strong Move Down, Range Breakout
- Bears want to sell retracements up off today’s low
- Bulls want a double-bottom reversal, or 123-Reversal on strength
