TRAP ALERT!! This Bear Trap Could 10x EASY Tomorrow!!
You ready for “Reaction” Thursday?
I hope you “saved your chips” for tomorrow, because this bear trap could be one of the best trades of June – don’t say I didn’t warn you!!
Emini and Nasdaq are bullish with a Spike & Range – this gives us (2) ways to “trap in the bears” for a strong breakout higher!
Crude Oil is bearish, but something about this chart doesn’t look right – keep this “double-bottom reversal” on your radar for tomorrow!
E-Mini S&P (ES):
- The Emini is bullish with a wide bull channel, telling us that buyers will be looking for entries off the lows, along with breakouts through the highs.
E-Mini Nasdaq (NQ):
- Nasdaq is bullish with a Spike & Range, telling us that buyers will be looking for entries at support levels below the range, along with breakouts going higher.
Crude Oil Futures (CL):
- Crude Oil is bearish with a strong push lower, but sellers need to keep this momentum going or they’ll end up reversing back up into the range above!