This is the Perfect Pullback for Friday!

One more day this week, let’s make it count!

Everything’s bearish going into Friday’s trading session, but look closely and you'll see some hidden “traps” on the charts. Here’s why…

Emini is bearish, but the SIZE of this afternoon’s move tells me I need to stay patient for a DEEP pullback before I sell it short again tomorrow…

Nasdaq is bearish, but a measured-move “overshoot” tells me a 2-legged pullback is likely going to be the best place to get short…

Crude Oil is bearish too – but we’re sitting at multiple support levels just below a 2-day range. I'm looking for sellers to get trapped, so I can buy into stops!

As you can see, there’s plenty of opportunity on Friday – don’t fall for the traps, wait for these perfect pullbacks!

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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commiss..