January 17, 2023

This 10X BULL TRAP Could Be the EASIEST Trade of the Week!



Back from Holiday – Let’s Do This!

Markets are bullish overall, but this “rotation off the high” might give sellers some excellent *BULL TRAPS* on the way lower…

Pick our spots wisely – we can’t chase it lower, so keep this “hidden” channel on your radar and be ready for the signal!

Emini and Nasdaq are bearish as price “rotates” off today’s high – buyers will likely be waiting at key support below, so focus on BULL TRAPS before we get there!Crude Oil is bullish and we just retested today’s high – I’d love a 123-breakout pattern going higher, but I won’t hesitate if I see this Crown Reversal to short! 



E-Mini S&P (ES):

Emini is bullish overall, but this bearish rotation off the high of today’s range gives sellers a great opportunity for a reversal back to 3961.75.

Keys to Success:

  • Bull Bias, Range Rotation off High
  • Up: Sell the Bull Trap, Buy the Breakout
  • Down: Sell Breakouts, Buy Crown reversal

E-Mini Nasdaq (NQ):

Nasdaq is bullish into a range, but sellers are going to look for a pendulum-swing reversal if buyers can’t push this breakout higher!

Keys to Success:

  • Bull Bias, Strong Move Down, Range Rotation
  • Up:  Sell the Bull Trap, Buy the Breakout
  • Down: Sell the Rotation, Buy Crown reversal

Crude Oil Futures (CL):

Crude Oil is bullish and buyers are just about to retest today’s high.  Buyers need to hold a 123-breakout pattern, or sellers will look for reversal to get short!

Keys to Success:

  • Rollover, Bull Bias, Strong Move up
  • Up: Sell the Bull Trap, Buy the Breakout
  • Down:  Sell the Reversal, Buy Bear Traps


    schooloftrade

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