January 12, 2023

These CPI TRAPS Could Be Easy 10X WINNERS Tomorrow!!



Are you ready for *Reaction* Friday?

Today’s CPI volatility had most traders using ‘small size’ – but tomorrow, we get back to ‘full strength’ to finish the week…

‘Reaction’ Friday is known for giving us fantastic opportunities, and with today’s ranges, these (2) TRAPS are likely where the best money will be made!

Emini and Nasdaq are bullish into ranges – everyone’s looking for a breakout higher, but this BULL TRAP might be the best opportunity we get!

Crude Oil is bullish into a range, and I’d love to use yesterday’s range for an easy ‘Breakout-pullback’ on Friday!



E-Mini S&P (ES):

The Emini is bullish into a range, telling us that buyers will be looking for breakouts going higher, or seller failures off support below the range.

Emini Bear Trap Levels – https://prnt.sc/QTf1vth-gd8-

Keys to Success:

  • Bull Bias, Strong Move Down, Range Rotation
  • Up:  Buy the Breakout, Sell the Reversal
  • Down:  Buy the seller failure, sell the breakout

E-Mini Nasdaq (NQ):

The Nasdaq is bullish into a range, telling us that buyers will look for breakouts through the highs, or seller failures off the lows.

Nasdaq 60min Bear Trap Levels – https://prnt.sc/SByqhlwoVuhw

Keys to Success:

  • Bull Bias, Strong Move Down, Range Rotation
  • Up:  Buy the Breakout, Sell the Reversal
  • Down:  Buy the seller failure, sell the breakout

Crude Oil Futures (CL):

Crude Oil is bullish into a range, telling us that buyers are looking for breakouts going higher, or bears trap off support levels below the range.

Crude Oil 60min Bear Trap Levels – https://prnt.sc/4cZU1fEuZRT8

Keys to Success:

  • Bull Bias, Bullish Range
  • Up:  Buy the Breakout, Sell the Reversal
  • Down:  Buy the seller failure, sell the breakout


    schooloftrade

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