Profit from the Ukraine Invasion the Easy Way!
Welcome back, traders!
Everyone’s talking about the Ukraine Invasion, and the charts are ripe for some incredible trading opportunities on Wednesday…
The Emini is range-bound tonight, but I see (2) two spots on the charts where you’ll wanna be looking for entries…
Nasdaq is ranging too, and today’s “rotation” is the biggest clue telling us where the easy money trades will be tomorrow…
Crude Oil is bearish, but with the situation in Ukraine, combined with some beautiful setups on tonight’s chart, you’ll regret missing these trades on Wednesday…
E-Mini S&P (ES):
E-Mini Keys to Success:
The Emini is trading inside a big range today, which means our plan will be to “buy low, sell high, and focus on failures” tomorrow morning.
If price pushes higher, we’re looking for buyer failures to sell the high, or a 123-breakout to trade the move going higher.
If price goes lower, we’re looking to buy the low with seller failures, and we need to be careful trying to sell the breakout because we have major support below us.
E-Mini Nasdaq (NQ):
Nasdaq Keys to Success:
Nasdaq is range-bound and rotating back and forth around today’s trading-range.
Ranges are magnets, so the plan is to buy low, sell high, and focus on failure setups around key support/resistance levels outside the range.
Keep in mind, the buyers appear to have the easier entry setups going into tomorrow, but that change quickly if things heat up in Ukraine.
Crude Oil Futures (CL):
Crude Oil Keys to Success:
Crude Oil is bearish and just completed a retest of the strong move down we saw mid-morning today.
The big clue here is the range above us, and with the sellers completing their retest, it’s likely time to start looking for buying opportunities.
Bears have all the momentum, so buyers will be looking for 2-try failures to buy these support levels below the range, and they can look for longs off the low of a new channel if price starts to rotate higher.
Sellers need to stay patient right now, waiting a 123-breakout to give us proof we want another leg lower. If we get it, then we start looking for shorts off the high of a new channel on our way down to the next support zone around 88.
