This FAKE-OUT BREAKOUT Could Easily 15X on Tuesday!
Weekend’s over – back to work!
Last week’s big move higher tells us that everyone’s waiting for the next deep pullback…
And based on the ranges we saw today – these (2) Fake-Out Breakouts are likely where the BIG MONEY will be made tomorrow!
Emini and Nasdaq are bullish, but those big moves we saw last week tell us to wait for DEEP PULLBACKS for the best entries tomorrow…
Crude Oil is bullish overall, but this “Range Rotation” clue tells us that sellers may have the best trades on Tuesday!
E-Mini S&P (ES):
Emini is bullish into a range, telling us that buyers will be looking for entries off support levels below the range.
E-Mini Nasdaq (NQ):
Nasdaq is bullish, but the lack of any meaningful higher-highs tells us that buyers will likely keep “buying the dips” until something changes.
Crude Oil Futures (CL):
Crude Oil is bearish as price begins to “rotate off the high” off the 60-minute range, hunting for a retest of the $70 level.