This *SLINGSHOT BREAKOUT* Could Be Easy 10x on Tuesday!!
Back to work, BIG week ahead of us!
Earnings season just began, and bulls are LOVING IT – buyers have control into a range, and this *SLINGSHOT* Breakout is the one trade you can’t afford to miss tomorrow!
Emini and Nasdaq are bullish into ranges, telling us buyers are looking for entries off support below it – but my favorite trade is this Slingshot Breakout!
Crude Oil is bearish into a range, telling us sellers will be looking for breakouts going lower – don’t fall for the head-fake off the lows, because this Slingshot reversal could be the best trade of the week!
E-Mini Nasdaq (NQ):
The Nasdaq is bullish into a range/wedge, telling us that buyers will be looking for entries using breakouts going higher, or a deep pullback to support levels below the range.
Keys to Success:
- Bear Bias, Big Move, Strong Move retested, Bull range
- Bulls want breakouts higher, or deep pullbacks to buy lower
- Sellers want a reversal
E-Mini S&P (ES):
The Emini is bullish into a range, telling us that buyers will be looking for entries at support levels below the range, or breakouts going higher.
Keys to Success:
- Bear Bias, Big Move, Strong move retested, Bull range
- Bulls want a breakout, or a deep pullback
- Bears want a reversal off the high
Crude Oil Futures (CL):
Crude Oil is bearish into a range, telling us that sellers will be looking for breakouts going lower, or entries off resistance above the range high.
Keys to Success:
- Bull Bias, Bear Range.
- Bears want a breakout lower, or entries off the high
- Bulls want a reversal back to last week’s highs.
