These (2) REVERSALS Could Make Your Entire WEEK!

Wow, what a day – excited for tomorrow!

Markets are gearing-up for more corporate earnings tomorrow, and the charts tell us these (2) REVERSALS could be some of the best trades of the week!

Emini is bearish and Nasdaq is bullish, but they BOTH tell us to look for reversals in (2) KEY LOCATIONS on Thursday!

Crude Oil is bearish into major support, and I’d love to grab a bear-trap off the lows, then dump it back down with a breakout-pullback!

E-Mini S&P (ES):

Emini is bearish after a strong range breakout going lower.  Sellers will likely be looking for a breakout-pullback off the lows of the range, while buyers try for a pendulum-swing reversal going higher!

E-Mini Nasdaq (NQ):

Nasdaq is bullish into a range, telling us that buyers will be looking for breakouts higher, while sellers look for reversals off the highs.

We still haven’t retested yesterday’s low yet, which will be an excellent place for a reversal back into the range, or a breakout lower.

Crude Oil Futures (CL):

Crude Oil is bearish with a strong run lower, telling us that sellers will be looking to “short the bounces” tomorrow morning.

We’re also sitting on quite a bit of support, giving buyers a chance to buy the bounces using bear traps.