December 1, 2022

This 10X REVERSAL Could Make Your Entire WEEK on Non-Farm Friday!!



Non-Farm Payrolls tomorrow – you ready?

Markets are bullish and appear to be struggling with their retest of major highs, which leaves the door WIDE OPEN for a massive 10x reversal tomorrow!

Emini and Nasdaq are bullish into ranges, with buyers still trying to retest today’s high – the next few hours are critical for both sides… do you know why?

Crude Oil is bearish with a 123-Reversal off today’s high – I’d love to grab a reversal on the next bounce, but did you see the news from Russia?



E-Mini S&P (ES):

The Emini is bearish into a range this afternoon, telling us that sellers will be looking for reversals off resistance overhead, and breakouts going lower.

Keys to Success:

  • Big Move Yesterday, Strong move lower, range rotation
  • Bears want a reversal off the highs, or breakouts going lower
  • Bulls want a reversal off the lows, or a breakout higher

E-Mini Nasdaq (NQ):

The Nasdaq is bullish with buyers trying to complete a pendulum-swing back up to range highs.

Buyers will be looking for a breakout higher, while sellers look reversals off the highs, and breakouts going lower.

Keys to Success:

  • Big Move yesterday, strong move down, range rotation
  • Bears want a reversal off the high, or a breakout thru the lows
  • Bulls want a breakout higher, or a reversal off the lows.

Crude Oil Futures (CL):

Crude Oil is bearish with a 123-breakout pattern going lower, telling us that sellers will be looking for shorts off resistance levels as price moves back to $80.

Keys to Success:

  • Strong Move higher, 123-breakout, Pop and Grind
  • Bears want reversals off resistance above, and breakouts below
  • Bulls want a double-bottom reversal at the lows, or a strong breakout to new highs.


    schooloftrade

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