These *STOP RUNS* are Key to Making BIG PROFIT on Wednesday!!
Wow, tomorrow’s looking great!!
Markets are ‘range-bound’ going into Election results this evening, and with such WILD SWINGS on the chart this afternoon, it’s easy to see why these STOP RUNS are gonna be the key to making money on Wednesday!
Emini and Nasdaq are range-bound with wild swings back and forth, telling us that TRAPS and STOP RUNS are gonna be the easiest money on Wednesday!
Crude Oil is bearish with a strong run lower, telling us that sellers will be looking to short the next retracement – the key is timing the entry, so keep these (3) setups on your radar!
E-Mini S&P (ES):
The Emini is range-bound with some wild swings back and forth ahead of this evening’s election.
Buyers have the most recent strong move higher, suggesting they’ll be looking for a retest of the high, but sellers appear to have the best options until we see a strong breakout higher.
Keys to Success:
- Range Rotation, Strong moves everywhere!
- Bears want a reversal off the high, or a breakout lower
- Bulls want a breakout higher, or a reversal off major lows
E-Mini Nasdaq (NQ):
The Nasdaq is range-bound with buyers currently trying to complete their pendulum-swing rotation off the low.
Buyers have a tough road ahead – they need a strong breakout thru range highs, or sellers will be looking for shorts back to range lows.
Keys to Success:
- Strong moves everywhere, Range rotation
- Bears want a reversal off the high, or a breakout lower
- Bulls want a breakout higher, or a reversal off the low
Crude Oil Futures (CL):
Crude Oil is bearish with a strong run lower, telling us that sellers will be look for entries on the next retracement off today’s low.
Buyers need to be careful, because even a strong retracement higher will still need to deal with a major resistance trend-line overhead.
Keys to Success:
- Strong Move Lower, Range Breakout, Resistance trend-line
- Bears want to short the next decent bounce off the low.
- Bulls want a strong 123-Reversal, or double-bottom reversal off today’s low.
