Archive

Monthly Archives: December 2021

December 9, 2021

5 Ways to Profit from “Traps” on Friday

One more day left, let’s make it count!

Everything’s bearish going into Friday’s trading session…

Emini is bearish, and I’m looking for a bull-trap short off the high of a new “hidden” bear channel…

Nasdaq is bearish, and the size of today’s move tells me to expect some nice “range trades” on Friday…

Crude Oil is bearish, and there’s a perfect spot to “trap in the bulls” up around the low of today’s range…

Lots of easy ways to use “traps” on Friday – don’t miss these…

Continue reading
December 8, 2021

Trade this ‘Exhaustion’ Reversal on Thursday

Everything is bullish going into Thursday’s trading session, but it’s hard to find a safe way to get long right now – here’s why…

Emini, Nasdaq and Crude Oil are all trading into resistance levels above today’s range…

Ranges act like magnets – so I can’t get long until we see PROOF of a breakout…

In the meantime, I’ll be looking for what I call “exhaustion reversals” off these highs – let me show you what it looks like…

Continue reading
December 7, 2021

Can I Short This Rally? Where’s the Best Entry?

Woah, what a move today!

Am I crazy to think about shorting this rally?

Emini is bullish, but we just retested today’s high and we have a range (magnet) below us…

Nasdaq is bullish too, but we just completed a measured-move back to the high of a spike and channel…

Crude Oil is bearish, and this recent 123-Reversal pattern tells me exactly where I should get short tomorrow morning…

I know, I know – I’m definitely looking for pullback entries on the Eminis tomorrow, but let’s see if we can get some shorts off the high too!

Continue reading
December 6, 2021

3 Best Pullbacks (and a Reversal) for Tuesday

Welcome back – let’s get to work!

Everything’s bullish going into Tuesday morning, and with such a strong run higher today, it’s safe to assume everyone’s looking for pullbacks…

Emini is bullish, and a resistance trend-line tells me to look for a 2-legged pullback for the best entry…

Nasdaq is bullish, and this afternoon’s trading-range tells me the best pullback will likely be a “seller failure” below the range…

Crude Oil is bullish too, and with today’s range well below us, I’ll be looking for a breakout-pullback entry as well…

And don’t count out the sellers – no matter how strong this bull trend is, there’s always potential for a reversal. Here’s my favorite…

Continue reading
December 2, 2021

4 Trades You Can’t Miss on Non-Farm Payroll Friday

Tomorrow’s the day! Are you ready?

Everything is bullish into ahead of tomorrow’s Non-Farm Payrolls report…

Emini is bullish, and I’d love to buy a 2-legged pullback off this key support level…

Nasdaq is bullish, and I have (2) breakout patterns on my radar…

Crude Oil is bullish, but I can’t help but notice this “slingshot reversal” setting-up on the chart…

Plenty of opportunity for us on Friday, but the question is – are you watching the right setups? Let me show you my favorites…

Continue reading
December 1, 2021

Don’t Short this Collapse Until You Watch!

Welcome back to the party – are you ready for tomorrow?

Markets collapsed and finished today’s session deep in the red, so I’ll be looking for shorts off key resistance levels above us on Thursday…

But let’s not forget – the last time we saw such bearishness in these markets was just before a massive run higher! Could tomorrow be the same?

The key is knowing the difference between a pullback and a reversal – I’ll show you an easy shortcut in tonight’s video. Don’t get short until you watch!

Continue reading