July 19, 2023
This EARNINGS BEAR TRAP Could EASILY 15X Tomorrow!
Earnings are out… Let’s do this!!
Tesla and Netflix just reported earnings and the market’s crashing…
But wise traders know, this is the correction we’ve all been waiting for – think twice before you sell, because this BEAR TRAP could be massive!
Emini and Nasdaq are both crashing overnight, but have you seen the 60-minute? We’re ALMOST testing one of my favorite “Bear Trap” Zones!
E-Mini S&P (ES):
Emini is bullish into a range, so everyone’s looking to buy Bear Traps off support levels below the range tomorrow morning.
E-Mini Nasdaq (NQ):
- Nasdaq is a bit more bearish after earnings this afternoon, and it’s safe to assume buyers will be a bit more patient using a Crown reversal off a multi-day channel as support below us tomorrow morning.
