These (2) EARNINGS TRAPS Could Easily 10X on Tuesday!



Here we go again, ‘Peak Week’ begins!

Markets are range-bound going into big earnings tomorrow morning, telling us that TRAPS are likely where the easy money will be made…

Bear traps off the lows, bull traps off the high – don’t miss these opportunities because they could easily 10X on Tuesday!

Emini and Nasdaq are still range-bound, which is great because the gameplan is so easy…  buy low, sell high, focus on failures, and trade the rotation!

Crude Oil is bearish and trading into a major turning point – can sellers hold off the bulls for another leg lower?  Or do we snap back to $80 tomorrow?



E-Mini S&P (ES):

Emini is bullish after sellers failed their pendulum-swing rotation off the high, giving buyers an opportunity for a breakout tomorrow.

Ranges love to rotation, so my favorite trades are bull breakouts higher, or bear traps off support levels below the range.

Sellers will look for reversals off the high of the range as well.


E-Mini Nasdaq (NQ):

Nasdaq is bullish as it rotates off the low of a multi-day range, and buyers will be wise to look for entries before sellers re-enter the market up above the highs.

Buyers will also be looking for entries around support below the range.


Crude Oil Futures (CL):

Crude Oil is bearish into a range, but this strong breakout higher gives buyers a chance to make a run back into the monthly range waiting overhead.

Buyers will be looking for breakouts higher, while sellers look for a reversal back into the range below.



    schooloftrade

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