This CPI REVERSAL Could Be BIGGEST Trade of the Month!
Here we go – CPI tomorrow!!
Everything’s bullish going into tomorrow’s massive CPI number, but have you seen these *exhaustion signals* into 4-hour resistance yet?
Everyone’s looking for pullbacks right now, but wise traders know this *CPI Reversal* might be the biggest trade of the month!
Emini and Nasdaq are bullish, but we’re WAY HIGH UP on the chart, running into major resistance levels on slower timeframes…
Crude Oil is bullish too – but have you seen where we are on the 60min yet?
I definitely have some bear-traps on my radar for tomorrow, but this potential reversal is too good to miss!
E-Mini S&P (ES):
The Emini is bullish with a strong run higher, telling us that buyers will be looking for a pullback to support and a retest of the high.
Tomorrow’s CPI Report is a big variable, so we’re waiting for more information.
Emini 4-hour Range Resistance – https://prnt.sc/rVhdWHkvGCQA
Keys to Success:
- Bull Bias, Major Resistance Above, Strong move higher
- Up: Buy bear traps, Sell the Crown reversal
- Down: Buy the seller failure, sell the ‘Pop & Grind’ reversal
- Sideways: wait for the range, buy seller failures below it.
E-Mini Nasdaq (NQ):
The Nasdaq is bullish, telling us that buyers are looking for pullback entries off channel lows – but tomorrow’s CPI News is such a big variable that we’re waiting to see how we react, then go from there.
Nasdaq 4-hour Range Resistance – https://prnt.sc/KV3SVTfs4vog
Keys to Success:
- Bull Bias, Major Resistance, Strong Move Higher
- Up: Buy Bear Traps, Sell the Reversal
- Down: Buy Seller Failure, Sell the Reversal
- Sideways: wait for the range, buy seller failures below it.
Crude Oil Futures (CL):
Crude Oil is bullish into a range, telling us that buyers will be looking for pullbacks off support below the range, or breakouts going higher on strength.
Crude Oil 60min Resistance – https://prnt.sc/swB_XRCKirw1
Keys to Success:
- Bull Bias, 4hour Resistance, Bull Range
- Up: Buy Breakouts, Sell Reversals
- Down: Buy Seller failures, Sell Reversals
- Sideways: Sit on hands and wait for a breakout
