This FAKE-OUT BREAKOUT Could Easily 15X on Tuesday!
Weekend’s over… back to work!
Markets are bullish after last week’s reversal, and today’s trading-ranges are making it easy to plan good entries…
Fake-out breakouts… that’s likely where the best money will be made tomorrow, and you’ll regret missing these (4) key setups!
Emini and Nasdaq are bullish into ranges – everyone’s waiting for a pullback, and the overhead RESISTANCE tells us where the best entries will likely be!
Crude Oil is bearish, but a FAILED breakout-pullback gives buyers a big opportunity for a reversal. Can they take advantage? Here’s my plan!
E-Mini S&P (ES):
Emini is bullish into a range around monthly highs, telling us that buyers will be waiting for pullbacks to “buy low” on the way back up to major highs later this week.
E-Mini Nasdaq (NQ):
Nasdaq is bullish into a range around major highs, telling us that buyers will be looking for pullbacks, but we can expect a deeper pullback than normal.
Crude Oil Futures (CL):
Crude Oil is bearish, but this recent breakout-pullback appears to be failing, giving buyers a great opportunity for a reversal back to $80.