September 10, 2024

This *CPI BEAR TRAP* Could Trigger a Massive SQUEEZE!!



Here we go again – CPI tomorrow!

Markets are bullish going into the biggest news of the week, and today’s *range rotation* tells me this BEAR TRAP could trigger a massive short squeeze!

I have (4) trades on my radar for tomorrow…

I’m definitely watching for a breakout pullback, but I’m hoping we get a strong shot lower into CPI so I can use this Bear Trap to squeeze some stops!



E-Mini S&P (ES):

  • Emini is bullish into a range, telling us to look for buying opportunities using bear traps below range lows, or breakout pullbacks above the highs.

E-Mini Nasdaq (NQ):

  • Nasdaq is bullish into a range and sellers would love to short some bull traps ahead of the rotation back to the lows!


    schooloftrade

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