This Trade Could Easily 10x on Wednesday

Oh boy, here we go again!

Markets are filled with opportunity going into Wednesday’s trading session…

Emini and Nasdaq are both sitting at prime levels right now, and one of my favorite entry patterns could easily 10x on Wednesday…

Crude Oil is uber bullish right now, and with everything happening in Ukraine, I’ve outlined (3) scenarios for tomorrow.  We only need ONE of these patterns to trigger and it could make our entire week!

Exciting time to be a trader, but you need the right strategy to trade these wild markets.  I got your covered in tonight’s video – don’t miss it!

E-Mini S&P (ES):

E-Mini Keys to Success:

The Emini is bearish into a range this afternoon, but it’s easy to see we’re also trading right on the top of the pendulum-swing we spoke about in last night’s newsletter video.

Knowing this, we know buyers would love to buy these lows of the range for a rally back up to the highs again tomorrow.

Sellers have to stay patient right now.  They need a strong breakout lower to confirm the next leg down, or they need to wait for shorts off the range high at some point tomorrow.

E-Mini Nasdaq (NQ):

Nasdaq Keys to Success:

Nasdaq is bearish and just completed a pendulum-swing off the high of the weekly trading-range.

No that sellers have completed that “objective” to the downside, we’ll likely see buyers come back into the market and look for a run back to the highs.

It’s not easy to be a sellers at this point.  We need a strong breakout lower to confirm another leg down, and even then, we’re sitting right on major support there too.

Crude Oil Futures (CL):

Crude Oil Keys to Success:

Crude Oil made a big move higher (nearly $12!) as fighting intensified in Ukraine.

Buyers had a strong move higher this morning, and they’re just now retesting that major high, so now we must wait and see what we get next.

We usually see a trading-range develop whenever a market goes “this far, this fast”, but we’ll wait and see what we get.

Buyers will be looking for buying opportunities at support levels below a new range, or with breakouts going higher.

Sellers clearly need to sit on hands right now.  This momentum, combined with the mess in Ukraine makes it hard to short until momentum changes significantly.