This 15X BULL TRAP Might Be PERFECT for Non-Farm Payrolls!
Non-Farm Payrolls… Let’s Do This!!
Everything’s bearish into ranges tonight, telling us to short the pops above, and breakouts below…
But my favorite trade for tomorrow is this “hidden” bull-trap just above today’s range – you’ll regret missing this one!
Emini and Nasdaq are bearish into ranges – I’m watching for (3) possible breakouts lower, but I hope we get this beautiful bull trap instead!!
Crude Oil is bearish into a range as well – I’d love to short this “rotation off the high” but don’t be surprised if we get another leg higher into a Crown reversal instead!
E-Mini S&P (ES):
The Emini is bearish into a range, telling us to look for shorts off resistance levels above the range, or breakouts going lower.
Keys to Success:
- Bear Bias, Bear Range, Bear Channel
- Up: Short Buyer failures off resistance overhead
- Down: Short breakouts on PROOF
- Sideways: Sit on hands, wait for a breakout
E-Mini Nasdaq (NQ):
The Nasdaq is bearish into a range – the plan is to short the pops above the range, and short the breakouts below it.
Keys to Success:
- Bear Bias, Bear Range, Bear Channel
- Up: Short the Buyer failure
- Down: Short the Breakout on Strength
- Sideways: Sit on hands and wait for a breakout
Crude Oil Futures (CL):
Crude Oil is bearish into a range, telling us to look for shorts using buyer failures above the range, and breakouts on strength going lower.
Keys to Success:
- Bear Bias, Bear Range, Support Trend-line
- Up: Short the 2try Buyer failure
- Down: Short the Breakout
- Sideways: Sit on hands and wait for a breakout
