This *CPI BREAKOUT* Could Be BIGGEST Trade of the Week!!
CPI Tomorrow, let’s do this!!
Markets are bullish going into tomorrow’s HUGE inflation report…
And today’s RANGES tell us these (2) BREAKOUT PATTERNS could trigger some of the biggest trades of the week!
Emini and Nasdaq are bullish overall, but with BEARISH ranges – this rare combination gives us a BIG OPPORTUNITY tomorrow!
Crude Oil is bullish with buyers itching for another leg higher, but don’t miss this Crown Reversal… it could be the best trade of the month!
E-Mini S&P (ES):
Emini is bullish with a bearish range, telling us that buyers will be looking for bear traps below the range, and breakouts above it, while sellers try to force a breakout through the lows.
E-Mini Nasdaq (NQ):
Nasdaq is bullish and grinding lower, trying to attract more buyers into the market.
Buyers will be looking for opportunities to trap sellers below today’s range, looking for a short squeeze back to range highs, while sellers try to hold the next breakout for a reversal back to last week’s low.
Crude Oil Futures (CL):
Crude Oil is bullish after buyers successfully retested recent highs.
Buyers will be looking for breakouts to new highs, or seller failures off support levels below, while sellers look for reversals off the high.