This BEAR TRAP BREAKOUT Could EASILY 10X on Tuesday!!
Weekend’s over, back to work!
Everything’s bullish going into Tuesday, and today’s ranges tell us that * Bear Traps & Breakouts* might be EASY MONEY tomorrow!
Emini and Nasdaq are bullish into ranges – I’m watching for a breakout going higher, but I’d rather grab this *bear trap* below range lows instead!
Crude Oil is bullish with a BIG MOVE higher, telling us to look for one of (3) pullback setups on the chart tomorrow – keep these on your radar!
E-Mini S&P (ES):
Emini is bullish into a range, telling us that buyers will be looking entries off support levels below the range, along with breakouts higher.
Keys to Success:
- Bull Bias, Bullish Range
- Up: Buy Breakouts, Sell Crown reversal
- Down: Buy Seller failures & Reversals
E-Mini Nasdaq (NQ):
Nasdaq is bullish overall, but bearish into a range – this tell us that buyers will be looking for reversals off support levels below the range, along with breakouts going back to retest today’s high.
Keys to Success:
- Bull Bias, Bull Range into Bear Range
- Up: Buy Traps and Breakouts
- Down: Buy Seller failures & Reversals
Crude Oil Futures (CL):
Crude Oil is bullish with a large move higher, telling us that buyers will be looking for any opportunities to “buy the dips” tomorrow morning.
Keys to Success:
- Bull bias, big move higher, hidden channel?
- Up: Buy pullbacks
- Down: Buy seller failures, buy double-bottoms
- Sideways: sit on hands, wait for a pullback
