PULLBACK ALERT!! This “Perfect” Pattern Could Easily 10x Tomorrow!!!
What a move, what a day!!
Today’s big selloff gives us plenty of ways to profit on Wednesday, but this “perfect pullback” is definitely my favorite – don’t miss it!
Emini and Nasdaq are bearish after a big move lower – I’m looking to sell the bounce off today’s low, and this simple trick will make it easy!
Crude Oil is bullish with a strong rotation off today’s low – keep these (4) breakout patterns on your radar before tomorrow’s news!
E-Mini Nasdaq (NQ):
The Nasdaq is bearish into a wedge pattern after a strong move lower, telling us that sellers will be looking for deep pullbacks to sell more tomorrow.
Keys to Success:
- Big move today & bear wedge
- Sellers want a deep pullback off today’s low
- Buyers want a double-bottom reversal off the lows
E-Mini S&P (ES):
The Emini is bearish with a strong move lower into a wedge pattern, telling us that sellers will be looking for entries on the next deep pullback.
Keys to Success:
- Strong move lower, bear wedge
- Sellers want a deep pullback off today’s low
- Buyers want a double-bottom reversal off the lows
Crude Oil Futures (CL):
Crude Oil is bullish and buyers are trying to break through the highs on the way back to $115 overhead. Buyers will be looking for breakouts thru the highs, or pullback entries off the lows.
Keys to Success:
- Bullish rotation off the low & wide open space above
- Buyers want a breakout, or a pullback to buy off range lows
- Sellers want a reversal through the lows.
