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This Bull Trap Could Be Our Biggest Win Of This Week

By Kurt Osterberg · On September 12, 2024

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One day left – let’s finish strong!
Markets continued pushing higher after this morning’s 2-Leg Pullback…We’re still very bullish, but I see (3) reasons why this BULL TRAP could be our biggest win of the week!Emini and Nasdaq are both bullish into ranges tonight, and I’d love to short one of these (3) Bull Trap Setups tomorrow morning…Bull Trap #1 is the most desirable, but Bull Trap #3 is by far the easiest!

E-Mini S&P (ES):

Emini is bullish into a range – I’m looking for selling opportunities using bull traps after such a big move higher the last 2 days.

E-Mini Nasdaq (NQ):

Nasdaq is bullish and buyers are struggling to breakout above the pendulum-swing resistance, telling us to avoid “buying high” and wait for deeper corrections to buy bear traps tomorrow morning.

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