3 Best Pullbacks (and a Reversal) for Tuesday

Welcome back – let’s get to work!

Everything’s bullish going into Tuesday morning, and with such a strong run higher today, it’s safe to assume everyone’s looking for pullbacks…

Emini is bullish, and a resistance trend-line tells me to look for a 2-legged pullback for the best entry…

Nasdaq is bullish, and this afternoon’s trading-range tells me the best pullback will likely be a “seller failure” below the range…

Crude Oil is bullish too, and with today’s range well below us, I’ll be looking for a breakout-pullback entry as well…

And don’t count out the sellers – no matter how strong this bull trend is, there’s always potential for a reversal. Here’s my favorite…
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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