This *BREAKOUT PULLBACK* Could Make Your ENTIRE WEEK!
Woah, what a day… Let’s do it again!
Markets are bearish after sellers finished the day with a strong breakout lower…
Ranges act like magnets, and this *Breakout-Pullback* is one of my favorite trades of the week!
Emini and Nasdaq spent most of the day in a range, but finished with a strong breakout lower…
Range breakouts are BIG CLUES because they give us 3 ways to trade the Breakout-pullback!
E-Mini S&P (ES):
Emini is bearish with a strong range breakout, telling us that sellers will be looking for a breakout-pullback to get short tomorrow.
We’re also at big support on the 60minute, so we can assume buyers will be looking for Crown reversals on the pullback, along with double-bottom reversals!
E-Mini Nasdaq (NQ):
Nasdaq is bearish and trying to breakout of today’s range. We assume buyers will be looking for reversals back up into the range, while sellers look for a breakout-pullback and another leg lower.
