These (2) REVERSALS Could Mean BIG PROFITS on Thursday!

Lots of ranges right now, look for reversals!

Markets are bullish after today’s *bear trap* off the lows, but they failed to finish their rotation back to the highs…

This is a big clue because it tells us that REVERSALS will likely be where the BIG MONEY is made tomorrow – here’s my plan!

Emini and Nasdaq are bullish, but showing signs of concern – I’d love to see us go lower so we can *trap in the bears* for another bullish reversal!

Crude Oil is bearish and sitting on major support – let’s hope sellers try going lower, so we can use a Crown Reversal to trigger a short squeeze!

E-Mini S&P (ES):

Emini is bullish, but a failed rotation off the low of yesterday’s range tells us buyers may be hesitant to buy too high in this area.

Knowing this, buyers will be looking for entries on deep pullbacks, or bear traps if we go higher.  Sellers will look for entries using bull-traps on the pullback.

E-Mini Nasdaq (NQ):

Nasdaq is bullish and trying to complete its bullish rotation off today’s lows, but they failed to finish the job!

With this in mind, we expect buyers to be waiting at support levels below the range, looking for bear traps and reversals going higher!

Crude Oil Futures (CL):

Crude Oil is bearish right now, but we’re sitting right on major support below April’s trading range.

It’s difficult to sell down here, so buyers will be looking for reversals back up into the range until we see a clear breakout below these levels.