This BEAR TRAP Could Trigger a MASSIVE Short Squeeze!



Lots of opportunity tomorrow, you ready?

Markets are bearish, but we’re sitting right on top of *Breakout-Pullback* levels we talked about last night…

Let’s hope sellers take this another leg lower, but this *Bear Trap* could trigger a massive short-squeeze!

Emini and Nasdaq are bearish into ranges – I’m watching for a breakout back to major highs, but let’s hope we get this Bear Trap first!

Crude Oil is bearish into a range – watch this *pendulum-swing* level overhead because this is where shorts will likely get squeezed!



E-Mini S&P (ES):

Emini is bullish and trying to retest the big breakout we saw this morning.

Knowing this, sellers have short-term momentum, so “bear traps” will be the key to finding the best long entries tomorrow morning.


E-Mini Nasdaq (NQ):

Nasdaq is bearish into a range, but the overall bull bias, combined with the breakout-pullback of yesterday’s range still gives buyers the edge.

Keeping this in mind, expect buyers to be looking for bear traps below today’s range, or breakouts back to retest today’s high.


Crude Oil Futures (CL):

Crude Oil is bearish into a range, sitting on major support for the breakout-pullback of the month’s range.

With that said, sellers don’t have many good options in this situation, which may give buyers the window of opportunity they need to run price back to major highs overhead.



    schooloftrade

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