Additional Charts Mentioned in the Video:
Emini 60m – https://prnt.sc/6LHLhyouRl3Y
Emini 4hr – https://prnt.sc/rKaKZKsxchZ-
Nasdaq 60m – https://prnt.sc/bba4e2SRR-bY
Nasdaq 4hr – https://prnt.sc/hQEob4bVx5iG
Crude Oil 60m – https://prnt.sc/qZ10yDiRmH9e
Crude Oil 4hr – https://prnt.sc/S0g2rHvbSFK3
Markets tumbled lower this afternoon, but there’s something about this reversal that smells like a BEAR TRAP!
Keep these (3) reversal setups on your radar tomorrow – this could be your biggest trade of the week!
Emini and Nasdaq are bearish after a big drop this afternoon, but I see (2) reasons why this is likely just a bear trap – don’t sell short until you watch!
Crude Oil is bullish and trying to punch thru overhead resistance – I'm watching for a Crown Reversal, and (3) breakout patterns tomorrow!
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Chart Timeframes used in this Video:
• Emini ES = 8,000 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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