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These Fakeout Breakouts Could Be Easy Money Tomorrow

Jul 29, 2024Finance, No picture0

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Weekend’s over, let’s make some money!
 Markets are range-bound ahead of major news later this week…Put those 2 clues together (news + ranges) and it’s easy to see why these Fakeout Breakouts are my favorite trades for Tuesday!Remember – ranges love to *rotate* up and down like a pendulum…The goal is to buy low, sell high, and focus on TRAPS for the best entries!

E-Mini S&P (ES):
 

  • Emini is bullish into a range in an overall bear market, telling us to sell bull traps off resistance levels above the range tomorrow morning!

    • E-Mini Nasdaq (NQ):
     

  • Nasdaq is bullish into a range, telling us to buy bear traps off support levels below it on Tuesday morning.

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