This *SLINGSHOT BREAKOUT* Could Be EASY MONEY on FOMC!
FOMC Tomorrow – are you ready?
These charts look great tonight – I see (2) clues telling me this Slingshot Breakout could be the easiest money we make all week!
Emini and Nasdaq are bullish overall on the 60min, with a bearish range on the tick charts…
Put those 2 clues together and it’s easy to see why this Slingshot Breakout is my favorite trade tomorrow morning!
E-Mini S&P (ES):
- Emini is bearish into a range in an overall bull market, telling us to look for buying opportunities using bear traps off support levels below the range tomorrow morning.
E-Mini Nasdaq (NQ):
- Nasdaq is bullish overall, but bearish into a range. This tells us to look for a Slingshot Breakout as price rotates off the low of today’s trading-range.