August 10, 2023
These RANGE TRAPS Could Easily 10X in Both Directions!
One day left – let’s make it count!
Markets are rotating back and forth inside a big range this week, telling us that TRAPS are likely where the EASY MONEY will be made tomorrow!
Emini and Nasdaq are both sitting at the lows of a massive range…
Ranges love to “rotate”, so keep these TRAPS on your radar and let’s finish the week with some GREEN!
E-Mini S&P (ES):
Emini is bearish, trading at the lows of the weekly range, which means this would be a great place to look for bear traps and a reversal higher!
E-Mini Nasdaq (NQ):
Nasdaq is bearish into major support below the weekly range, telling us to look for reversals off the low, and a rotation back to weekly highs!
