TRAP ALERT! These TRAPS might be EASY MONEY Ahead of Earnings!
Weekend’s Over – Let’s Do This!
Markets are range-bound going into one of the busiest weeks of the year, which makes our job pretty easy…
Ranges act like magnets, so these (2) TRAPS are likely where the easy money will be made – are you seeing these too?
Emini is bullish into a range, and it’s tempting to look for breakouts – but there’s ONE BIG REASON why a Bull Trap might be a better trade!
Nasdaq is flat and sideways ahead of earnings, so I’ll be waiting for a breakout, then use one of the (2) trap setups to trade back into the range!
E-Mini S&P (ES):
Emini is bullish into a range, which would normally tell us to buy breakouts going higher… but 60-minute resistance overhead tells us this is likely just a bull trap to be sold!
E-Mini Nasdaq (NQ):
Nasdaq is sideways and range-bound, so the plan is simple – buy low, sell high, and focus on failures and traps for the best entries going into Earnings!
