This *BULL TRAP INTO REVERSAL* Could Be a HUGE Winner!!
Holiday’s over – back to work!!
Markets are pulling-back after last week’s melt-up, and this “bull trap into reversal” is one of the most exciting trades this week!
Emini and Nasdaq are bullish, and last week’s “melt-up” gives BOTH SIDES plenty of ways to make a profit…
Timing the entry is key right now – these (2) patterns will make it easy!
E-Mini S&P (ES):
Emini is bearish into a range, in an overall bull market. This tells us that buyers will likely be looking for buying opportunities off support levels below the range, using bear traps for the entries.
E-Mini Nasdaq (NQ):
Nasdaq is bearish and trying to rotation off the high of today’s range, giving sellers the opportunity for shorts on the way to completing the pendulum-swing below us.