These (2) RANGE REVERSALS Could Easily 10x in Both Directions!
Another amazing day – but it’s back to work!
Markets are bearish, but this *double-bottom reversal* is giving buyers a ton of opportunity running higher…
We can play both side of these markets – watch this *bear trap* as we rotate higher, then grab the *Crown Reversal* to dump it back down again!
Emini and Nasdaq are bearish overall, but the bulls have a fantastic opportunity to punch this higher – these (2) easy setups could make your entire week!
Crude Oil is bearish too, and I’d love to short the next bounce – keep these (2) key resistance ranges on your radar, and don’t forget the major levels below!
E-Mini S&P (ES):
Emini is bearish in range, with price rotation higher off today’s low.
Buyers have a great opportunity to trade this rotation higher, but expect sellers to be waiting for shorts up near the highs.
Keys to Success:
- Bear Bias, Expanding triangle, Rotation off the low
- Up: Buy Bear Traps, Sell Reversals
- Down: Buy Double-bottoms, Sell Breakouts
E-Mini Nasdaq (NQ):
Nasdaq is bearish and rotating higher of today’s low.
Buyers have momentum on their side and will be looking for breakouts up to targets overhear, while sellers look for reversals back down into the range.
Keys to Success:
- Bear Bias, Range Rotation
- Up: Buy Pullback traps, Sell Reversals
- Down: Sell Reversals and Channel Traps. Buy Double-bottoms
Crude Oil Futures (CL):
Crude Oil is bearish with a strong move lower, telling us that sellers will be looking for shorts off key resistance overhead, with targets waiting at the lows.
Keys to Success:
- Bear Bias, Strong Move, Major Support Below
- Up: Sell Buyer failures, Buy Reversals
- Down: Short the Bounces, Buy Double-bottoms
