First published at 11:34 UTC on September 15th, 2022.
Big day tomorrow – you ready!?
Markets are range-bound with lots of bullish momentum coming off today’s low…
Everyone assumes sellers are waiting at today’s high – but watch out, because this *slingshot reversal* might shock everyone tomorrow!!
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Big day tomorrow – you ready!?
Markets are range-bound with lots of bullish momentum coming off today’s low…
Everyone assumes sellers are waiting at today’s high – but watch out, because this *slingshot reversal* might shock everyone tomorrow!!
Emini and Nasdaq are both bearish into a range, but this “rotation off the low” gives buyers a HUGE opportunity for an easy rally higher!
Crude Oil is bullish into a range, telling us to look for bull breakouts, or even better, a bull reversal off today’s low!
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Chart Timeframes used in this Video:
• Emini ES = 10,000 tick
• Nasdaq = 4,000 tick
• Crude Oil = 2,000 tick
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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 Commission. Futures and Options trading have large potential rewards, but also large potential risk. You must be aw..
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