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This Slingshot Reversal Could Make Our Entire Week

Jul 25, 2024Finance0

Image Source: Pixabay
One day left – let’s make it count!
 Markets are range-bound ahead of big inflation news tomorrow morning…Ranges love to *rotate* and this Slingshot Reversal could be our easiest winner of the week!

E-Mini S&P (ES):
 

  • Emini is bearish and this rotation off the high tells us sellers will be looking for ways to short this before we complete the pendulum-swing!

    • E-Mini Nasdaq (NQ):
     

  • Nasdaq is bearish into a range telling us to “trade the rotation”, selling high, buying low and focusing on failure and trap setups tomorrow morning.

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