BEAR TRAP! These (3) Trade Setups Could Make Your ENTIRE WEEK!

Woah – what a reversal today!!

Markets collapsed back to weekly lows this afternoon, which means everyone’s looking for ways to get short… right?

Not so fast!  The 60min chart tells a different story – make sure you watch tonight’s video before you hit the sell button!

Emini is bearish and just pulled-back below key support on the 60m – is this the buying opportunity we’ve all been waiting for?

Nasdaq is bearish and sitting on major support below the weekly range – let’s hope rookies short down here so we can buy into their stops!

E-Mini S&P (ES):

Emini is bearish with a strong run lower, telling us that sellers will be looking for ways to short the next 2-leg correction off the lows.

Buyers need to be careful – crown reversals are the only option to get long until we see price pullback and retest the low.

E-Mini Nasdaq (NQ):

Nasdaq is bearish after a massive reversal this afternoon and we have to assume sellers will be looking for ways to sell the next 2-leg pullback for a retest of today’s low.

Buyers do have options, but they’ll need to buy as LOW as possible with bear traps and crown reversals.