These Trend Lines Act Like an ATM Machine!

Here we go, end of the month!

We usually get some great trades on the last day of the month, and tomorrow’s no different…

Both the Emini and Nasdaq are bearish with strong runs lower, but the most important thing for Thursday is to watch these (2) key trend-lines…

Crude Oil is bullish, and just like the Eminis, the best trades are gonna use these (2) “hidden” trend lines for the biggest trades on Thursday…

We also have (3) big news events on our radar tomorrow, so don’t miss tonight’s video.  Pro traders live for days like these, don’t let it pass you by!

E-Mini S&P (ES):

E-Mini Keys to Success:

The Emini is bearish after tumbling off yesterday’s high.  Sellers made a strong run lower this afternoon, suggesting that more bears will be waiting to sell into this recent bounce.

Sellers will be looking for shorts off resistance levels overhead, along with breakouts going lower.

Buyers have a hard time at this point.  If you didn’t buy the 2-try failure off major lows, it’s too late to get in now.  It’s best to wait for a strong breakout to new highs, or wait to buy a double-bottom reversal off major lows.

E-Mini Nasdaq (NQ):

Nasdaq Keys to Success:

The Nasdaq is bearish with a strong run lower to finish today’s session, which usually means there will be sellers looking for ways to short this back to the lows.

Sellers have all the momentum, and they can look for shorts off major highs, resistance trend-lines overhead, or with a breakout going lower.

Buyers have options too, but they need to stay patient.  They can buy a double-bottom reversal, or buy the first pullback after a 123-Reversal.

Crude Oil Futures (CL):

Crude Oil Keys to Success:

Crude Oil is bullish, but we’re trading at major resistance above today’s range which isn’t an easy place to get long.

Buyers have options, but they need to be careful in this area.  They can buy a 123-breakout or 2-Try breakout, or they can buy a double-bottom reversal using pendulum-swing support below the trading-range.

Sellers have more options right now.  They can sell a double-top reversal off today’s high, and they can sell pullbacks on the way down to completing the pendulum-swing target below.

Keep in mind, we have an OPEC announcement coming tomorrow morning, so we may stay relatively quiet until we hear the news tomorrow morning.