This 10x Pullback’s Gonna Make Non-Farm Payrolls Easy!

Non-Farm Payrolls!… are you ready?

We have another big day tomorrow, and with such big moves on the charts today, I’m excited for the opportunities we’re gonna see on Friday!

Both the Emini and Nasdaq are bearish, and with such strong runs lower today, there’s a 10x pullback that could make your entire week!

Crude Oil looks great too – we’re bearish into a range, which means we can sell off the high, buy reversals off the low, and trade breakouts!

Days like tomorrow are exactly why I love trading – make sure you’re ready for these trades!

E-Mini S&P (ES):

E-Mini Keys to Success:

The Emini is bearish and finished the day with a strong move lower.

Sellers will be looking for ways to sell the next pullback off resistance levels overhead, keeping an eye open for a range developing at these lows.

Buyers have to stay patient for either a double-bottom reversal, or a 123-Reversal so they can buy the first pullback.

Keep in mind – anytime we see a big move lower like this, we know the following day is likely either a range or a deep pullback to attract more sellers at higher prices.

E-Mini Nasdaq (NQ):

Nasdaq Keys to Success:

The Nasdaq is bearish with a recent strong breakout below today’s trading-range.

Sellers have all the momentum, and with such a strong breakout lower, we can assume bears will be waiting to get short up around the low of today’s range and the highs of these bear channels.

Buyers have options too, but they need to stay patient.  They can buy a double-bottom reversal off today’s lows, or they can buy the first pullback after a strong 123-Reversal going higher.

Crude Oil Futures (CL):

Crude Oil Keys to Success:

Crude Oil is bearish into a range with price sitting right on the lows.

Sellers have control of momentum, and we can assume they’ll be looking for entries at resistance levels up above the range, along with breakouts going lower.

Buyers can look for a crown reversal to buy off support levels below the range, and they can buy the first pullback after a strong 123-Reversal going higher.