TRAP ALERT! This *CPI TRAP* Could Be an Easy 10x Trade for Tuesday!
Oh boy, here we go again – CPI Tomorrow!
Markets are bullish with strong runs higher this afternoon, which make it seem like pullbacks are the best way to make money tomorrow…
But look closely – there are (3) three big clues telling us this bull rally might be nothing more than one big, juicy BULL TRAP tomorrow!
Emini and Nasdaq are bullish with strong runs higher – I’m looking for a pullback and another leg higher, but the BIG MONEY will likely be this Trap instead!
Crude Oil is bullish into a range, telling us to look for Bear Traps below this range, and breakouts going higher… but look closely – did you see this perfect Pendulum-Swing too?
E-Mini S&P (ES):
The Emini is bullish with a strong run higher this afternoon, but we’re still bearish on the 60minute and we spent the entire day inside last Friday’s range.
Buyers will be looking for pullbacks and breakouts, while sellers look for a reversal back to today’s low.
Keys to Success:
- Bear bias, Inside Day, Strong Move higher
- Up: Buyers want breakouts higher, sellers want a reversal
- Down: buyers want a pullback for another leg higher, sellers want a reversal
- Sideways: sit on hands, wait for a breakout, trade failures
E-Mini Nasdaq (NQ):
The Nasdaq is bullish in the short-term, but we’re “Inside” last Friday’s range, telling us to sell high and buy low until we see a breakout on strength.
Keys to Success:
- Bear bias, Inside day, strong move higher
- Up: buyers want breakouts, sellers want reversals
- Down: buyers want pullbacks, sellers want a reversal
- Sideways: Sit on hands, waiting for a breakout
Crude Oil Futures (CL):
Crude Oil is bullish into a range, but we’re still very bearish overall and look at that perfect pendulum-swing at $74… wow!
Keys to Success:
- Bear Bias, Strong Move higher, Pendulum-swing, Bullish range
- Up: Buyers want a breakout, sellers want a reversal
- Down: Buyers want a breakout, sellers want a reversal
- Sideways: sit on hands, wait for a breakout!
