This Breakout Could Make Your WEEK!

Woah, what a great day in the markets!

But you know me – I don’t care how many great setups we found today, it’s time to get ready for tomorrow…

Lots of ranges on the charts tonight, which means I’ll be trading failures off the edges, and looking for breakouts on strength…

And speaking of breakouts – there’s ONE on my radar tomorrow that could easily make your entire week. Do you see it? Let me show you…

Range Market = Failures, Rotation & Breakouts
Price keeps rotating back and forth around yesterday’s range.
We’re at the low of the range; buyers will be looking for ways to get long off support levels, and sellers will be looking for breakouts going lower.

Top 3 Trades for Tomorrow:

Range Market = Failures, Rotation & Breakouts
It was a wild ride today, but we finish with a bearish range.
Sellers will be looking for ways to sell resistance above the range, and breakouts on strength below the range.
Buyers will be looking for reversals off support levels below the range, and breakouts going back to retest today’s high.

Top 3 Trades for Tomorrow:

UP – sell the buyer failure (or) buy the 2-Try breakout
DOWN – sell the 123-breakout (or) buy the seller failure
SIDEWAYS – sit on hands to avoid the range, then buy low, sell high with failures.

Range Market = Failures, Rotation & Breakouts
Bulls have control into a range, but with a strong run lower for the bears, we can assume sellers will be trying to retest that low, and if they can’t, we expect buyers to get a strong run higher.
Buyers will be looking for longs off support levels below the range, and bull breakouts to complete the pendulum-swing going higher.
Sellers need this market to push lower, and they’ll be looking for a breakout going back to the lows at 91.0

Top 3 Trades for Tomorrow: