Archive
Monthly Archives: February 2023
Monthly Archives: February 2023
The ‘Powell Pump’ is behind us… now what?
Everything’s bullish going into Wednesday, but make sure you watch tonight’s video before you buy the next pullback – it smells like a trap!!
Emini and Nasdaq are bullish with strong moves higher – strong moves suggest another leg higher, but something smells fish on these charts…
Crude Oil is bullish as well, and I’d love to grab some “bear traps” off the low of today’s channel before the Inventory Report comes out tomorrow!
Continue readingThis *FAKE-OUT BREAKOUT* Could Easily 10x Ahead of Powell on Tuesday!
Oh, you can smell the ‘traps’ coming tomorrow!
Markets are range-bound ahead of Powell’s speech tomorrow afternoon…
We’re bullish overall, and ranges act like magnets… telling us this ‘Fake-Out Breakout’ could be an easy 10x reversal tomorrow morning!!
Emini and Nasdaq are bearish in ranges, but we’re sitting on major support in an overall bull market – perfect recipe for a bear trap ‘fake-out breakout’!
Crude Oil is bullish as price rotates off today’s low, but we’re at resistance above a range in an overall bear market – perfect cocktail for a bull trap reversal!
Continue readingOne day left, let’s finish the week strong!
Markets are bullish and range-bound ahead of tomorrow’s Payroll Report…
Non-Farm Payrolls are known for “head fakes” around the open, so keep an eye out for these (3) BEAR TRAPS on the next big move lower!
Emini and Nasdaq are bullish in ranges – it’s easy to make a case for another breakout leg higher, but remember what happened the last (2) days?
Crude Oil is bearish in a range, but this “rotation off the low” is giving buyers an amazing reversal signal – will they take advantage?
Continue reading‘Reaction’ Thursday Tomorrow – Let’s Go!
Everything’s bullish after today’s Fed Announcement, and big moves like these tell us to look for RANGES tomorrow…
Ranges are easy if you know how to trade them – the key is waiting for a breakout, then do the OPPOSITE of what your instincts tell you!
Emini and Nasdaq made big moves higher today – I can’t chase the market higher, so I’m waiting for “bear trap” pullbacks, and failed range breakouts!
Crude Oil is bearish into a range, but look closely and you’ll see why this ‘fake-out breakout’ BEAR TRAP is my favorite trade for Thursday!
Continue reading