This PERFECT PULLBACK Could Be the Easiest Trade of the Week!!
Woah, what a move today!!
Markets loved Powell’s speech this afternoon, finishing the day with big moves higher for the bulls… an important clue for tomorrow!
Why? Because BIG MOVES like these tell us exactly where to find the “perfect pullback” tomorrow morning – you don’t wanna miss this one!
Emini and Nasdaq are bullish with big moves higher – we know buyers want pullbacks, but it’s the SELLERS that tell us where the perfect entry will be tomorrow!
Crude Oil is bullish into a range – I have (3) breakout patterns on my radar, but let’s hope they give us a “bear trap” pullback first!!
E-Mini S&P (ES):
The Emini is bullish with a strong blast higher this afternoon, telling us that buyers will be looking for a deep pullback and a retest of the high.
Keys to Success:
- Big, strong move higher
- Bulls want a deep pullback and a retest of the high
- Bears want a V-top or double-top reversal
E-Mini Nasdaq (NQ):
The Nasdaq is bullish with a large run higher today, signaling that buyers have control and will be looking for pullbacks at support levels tomorrow morning.
Keys to Success:
- Big move higher
- Bulls want to buy a deep pullback for a retest of the high
- Bears want a reversal on strength
Crude Oil Futures (CL):
Crude Oil is bullish into a range, telling us that buyers will be looking for pullbacks to support below the range, or breakouts going higher.
Keys to Success:
- Bullish range, Strong move higher
- Bulls want a breakout higher, or a pullback below the range
- Bears want a double-top reversal, or strong breakout lower
