This *QUAD WITCHING TRAP* Could Be Easy 10x on Friday!!
One day left – let’s make it count!!
Markets are bearish and filled with ‘traps’ going into Quad Witching…
But not to worry – there’s one *Quad Witching Trap* that could make your entire week – you’ll regret missing this one!!
Emini and Nasdaq are bearish, telling us that sellers will be looking to “short the bounces” tomorrow morning. But careful, it’s easy to see ‘traps’ on these charts!
Crude Oil is bearish too – keep an eye on this trend-line because it’s gonna be your best friend tomorrow morning!!
E-Mini Nasdaq (NQ):
The Nasdaq is bearish and trending lower, telling us that sellers will be looking for shorts off the high of the bear channel.
Keys to Success:
- Bear Bias, Strong Move Down, Bear Channel
- Bears want to sell off channel highs
- Bulls want a strong reversal higher, or double-bottom reversal off low.
- What would a breakout look like?
E-Mini S&P (ES):
The Emini is bearish with sellers looking for shorts off the high of bear channels and above prior swing-highs.
Keys to Success:
- Bear Bias, Strong Move Down, Bear Channel
- Bears want entries off the high of a bear channel, or above prior swings
- Bulls want a strong reversal higher, or a double-bottom reversal off lows
Crude Oil Futures (CL):
Crude Oil is bearish with a strong move lower, telling us that sellers will be looking for shorts off key resistance levels, such as channels and swing-highs overhead.
Keys to Success:
- Rollover, Bear Bias, Strong Move Down, Support Trend-line?
- Bears want to sell off channel highs and swing-highs overhead
- Bulls want a double-bottom reversal, or strong reversal higher.
