This Fakeout Breakout Could Double Our Profits Tomorrow -

This Fakeout Breakout Could Double Our Profits Tomorrow

May 28, 2024Jeremy ParkinsonFinance0

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Holiday’s Over – Let’s Make Some Money!
Markets are range-bound ahead of major news later this week, so the plan is simple…Buy low, sell high, trading the Fakeout Breakouts!Emini and Nasdaq are bullish into ranges, but did you see that strong move down this afternoon?That one simple clue tells me exactly where to find the winning trades tomorrow, are you seeing this too?

E-Mini S&P (ES):

Emini is bullish and trying to complete a pendulum-swing rotation higher. Buyers will be looking for pullbacks to get in before we complete the rotation.

E-Mini Nasdaq (NQ):

Nasdaq is bullish into a range, telling us that buyers will be looking for breakout-pullbacks while sellers look for Fakeout Breakouts to short off recent highs!

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