TRAP ALERT!! This *BEAR TRAP* Could Be Easiest Money All Week!!



Woah, what a move today!!

Markets reversed and ran higher all day today – big moves like these tell me that “traps” are gonna be the best trades tomorrow, but pick your spots wisely!!

Emini and Nasdaq are bullish after today’s runaway reversal – everyone’s looking for pullbacks, but the secret is using “stops as fuel” with bear traps!

Crude Oil is bearish with a strong move too!  I’m looking for shorts off the belly of the weekly range, but don’t be surprised if this reversal squeezes us higher!



E-Mini Nasdaq (NQ):

The Nasdaq is bullish with a large, strong move higher today.  Moves like these tell us to expect buyers wait for a deep pullback for a retest of today’s high.

Keys to Success:

  • Bull Bias, Strong Move Higher, Big Move Higher
  • Buyers want a deep pullback to get in at lower prices
  • Sellers want a double-top reversal

E-Mini S&P (ES):

Just like the Nasdaq, the Emini is bullish with a strong move higher today, suggesting that buyers will be waiting for entries on the next deep pullback.

Keys to Success:

  • Bull bias, strong move higher, big move higher
  • Buyers want a deep pullback to buy more
  • Sellers want a strong reversal off these highs.

Crude Oil Futures (CL):

Crude Oil is bearish with a strong move lower, suggesting that sellers will be looking for entries on the next bounce higher. 

We can also see the pendulum-swing from yesterday’s trading-range is still in play, telling us to keep an eye out for a reversal back up into the range.

Keys to Success:

  • Strong Move Down, Pendulum-swing
  • Sellers want entries off resistance overhead, or breakouts going lower
  • Buyers want a reversal back up in the range


    schooloftrade

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