This Bear Trap Could Be Our Biggest Win Of The Week -

This Bear Trap Could Be Our Biggest Win Of The Week

Aug 01, 2024Jeremy ParkinsonFinance, No picture0

Image Source: Unsplash

Non-Farm Friday, Let’s Do This!
We had another wild session again today, and the 60min chart may have just tipped us off to what’s really going on…Big moves back and forth… that simple clue tells me this Bear Trap might be our biggest win of the week!These wild swings up and down haven’t been easy lately, right?But look at the 60min chart and everything starts making more sense – here’s my gameplan for tomorrow!

E-Mini S&P (ES):

Emini is bearish, but we’re trading at the low of a wide bear flag so I’ll be looking for ways to buy bear traps for a run back higher tomorrow morning.

E-Mini Nasdaq (NQ):

Nasdaq is bearish with a big move down today. I’ll be looking to sell a 2-Leg Pullback, but I’ll flip to buying bear traps if I see price pop and separate off the 21ema.

Video Length: 00:25:29More By This Author:This Pullback Could Make Your Entire MonthThis Earnings Reversal Could Make Us A Fortune These Fakeout Breakouts Could Be Easy Money Tomorrow