This PERFECT PULLBACK Could EASILY 10X Tomorrow!
What a move, what a day!!
Markets are bullish and hunting for yesterday’s high…
It’s tempting to chase this rally higher, but I’ll be waiting for this PERFECT PULLBACK because it could be an easy 10x tomorrow morning!
Emini and Nasdaq are bullish after today’s massive reversal – I have (3) Breakout setups to watch for, but let’s hope we get one of these pullbacks first!
Crude Oil is range-bound ahead of major energy earnings tomorrow – I have some easy breakouts on my radar, but let’s hope we get this bear trap instead!
E-Mini S&P (ES):
Emini is bullish and trying to complete a retest of weekly highs, but it may be hard to find buyers way up here, so look for deep pullbacks (or strong breakouts) for the best entries.
Keys to Success:
- Bull Bias, Strong Move, Major Highs Above
- Up: Buy the Breakout, Sell Crown reversal
- Down: Buy Seller failures, Sell Reversals
E-Mini Nasdaq (NQ):
Nasdaq is bullish and trying to retest yesterday’s high. The strength of this move tells us buyers will be looking for pullbacks or breakouts higher.
Keys to Success:
- Bull Bias, Strong Move, Finished in Red?
- Up: Buy the Breakout, Sell Crown reversal
- Down: Buy Seller failures, Sell Reversals
Crude Oil Futures (CL):
Crude Oil is bearish into a range, but the overall bull bias on the 60-minute reminds us to focus on bear traps below range lows, or breakouts to new highs.
Keys to Success:
- Bull Bias, Bear Range, Bull Channel?
- Up: Buy Breakouts
- Down: Buy Seller failures, Sell Breakouts
