February 20, 2024

This *RANGE REVERSAL* Could Make us a FORTUNE!!



Holiday’s over… back to work!

Markets are range-bound ahead of NVDA earnings tomorrow night…

And if we play the setups right, this Range Reversal could make us a fortune!

Emini and Nasdaq are bullish overall, but strong moves down give sellers control of momentum…

These situations are perfect for Bear Traps, especially this Range Reversal!



E-Mini S&P (ES):

  • EMINI is long-term bullish, but today’s strong move lower tells us sellers will try retesting today’s low, so buyers should be ready for a double-bottom reversal!

E-Mini Nasdaq (NQ):

  • Nasdaq is bullish overall, and this bearish trading-range tells buyers to look for bear traps off support below it, or breakout-pullbacks going higher!


    schooloftrade

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