This *PERFECT PULLBACK* Could Make Our ENTIRE WEEK!

本站添加: 2026-05-31

[00:00:01]a huge move higher today on the NASDAQ and the S&P. I'm sure everyone is trying to buy pullbacks tomorrow morning, but you probably know this already. Buying pullbacks, buying the dips, they sound so easy, don't they? But if you have any experience in day trading, you know this already. Picking the perfect pullback, it's not nearly as easy as it sounds.

[00:00:22]It's all good, though, because in tonight's video, I'm going to show you two simple pullback strategies. That way you know how to pick that perfect pullback and make some easy money with us tomorrow morning on the live stream.

[00:00:34]So charts are ready. Enough of the intro already, right? Let's dive right in. Go make some more money on what should be fantastic final trading day of the month of May. NASDAQ's all ready tonight. S&P is all ready to go. I've got four clues on these charts telling me where I think the money is made tomorrow. The first of four clues is right here on the hourly time frame. I like to use the hourly chart, the anchor chart as a directional filter. And it's pretty obvious right now these buyers are still very much in control of momentum. That's our bias for Friday morning. That's the first of four clues. I have three more clues on some lower time frames, some tick charts.

[00:01:17]We're going to grab those in two seconds. But first though, let's talk schedule for tomorrow. Tomorrow is the final trading day of the month of May.

[00:01:26]That means increased volatility the end of the month and the first couple days of next month. We have to expect more volatility. That means wider stops, wider targets and for most people a smaller position size. We'll talk about that in more detail tomorrow morning on the live stream. Also be aware too, we do have some news tomorrow morning.

[00:01:46]Chicago PMI at 9:45. If you're with us on the live stream tomorrow morning, you know this, but 10:00 Eastern time is always one of my favorite times to look for trades. So hopefully Chicago PMI number will give us some volatility just before that 10:00 shock tomorrow morning. And obviously we'll keep listening more updates right now out of Iran. Supposedly there's a deal in the works than the US and Iran, but we've heard that story before. So we'll keep an eye on that news feed tomorrow morning. Expect some more volatility and I'll walk you through proper position sizing tomorrow morning on the live stream. Let's get back to our charts though right now because it's good to know when the news is, but the money is made on the charts. I mentioned earlier the first clue was our bullish overall bias. But the rest of the clues now are down on some tick charts. I like to use tick charts for entry timing. And if you're watching for the first time right now, guys, that is a 4,000 tick chart.

[00:02:44]all the time frames there in the upper leftand corner. I see three more important clues on this faster time frame. We'll put those clues together and time that perfect pullback for Friday morning. The first clue is a huge move going higher. Anytime we see a big move in one direction, there are two types of strategies we look for the following day. One of them is happening right here on this NASDAQ chart. It's a bull range. One of two types of strategies we expect to see after a big move is for price to start trading sideways. Now, that range is a huge clue because what do ranges do? Well, look back in time. What did that range do from late yesterday? It likes to rotate, right? Ranges, they love to rotate. And we use things like triangles. We use things like pendulum swings or symmetry.

[00:03:38]So, we know that that range right there is a huge clue because what do they want to do? They want to rotate up, down, up, down. Use those triangles. Use that symmetry. That is a really big clue right now. Our second clue on this chart. And the final clue on this chart is we have two ranges below us. There's a small range right there and a a much larger range back there. Remember, anytime we see a range breakout, it's just a matter of time before we pull back and bounce off we call a breakout pullback zone. I have two breakout pullback zones waiting below me. The one right below us at 3187 and the one off of that larger range.

[00:04:23]It's just below that around 3136.

[00:04:27]And don't forget too, I'm going to cover the S&P a bit later on in this video with a couple new breakout pullback zones on the E- Mini as well. So stay tuned for more about that later on in tonight's video. So let's put all of these clues together. We know we're bullish overall on the higher time frame. I have a bull range and two previous ranges down below me. One of the two strategies to pick that perfect pullback for tomorrow is to use this range effectively. This one's a pretty easy one for tomorrow. I would love to get that price pulling back, get into that breakout pullback zone. And you know me, I'm not going to pick a bottom on this. What I'd rather do is is wait for a bear trap. Wait for sellers to commit off that 21 EMA. I'll walk you through this tomorrow morning on the live stream, but look for a bear trap down here. Then as the price wants to rotate going higher, we focus on getting in underneath prior swings. If you're with us on the live stream, you know that anytime we have range rotation, we always look to get in below those prior swings. Now, where's my target on this?

[00:05:39]The reason why I love ranges so much is because the amount below the range, I can project that now above the range and that becomes my final paycheck on a Friday morning. Right? So, I'm going to buy the breakout pullback with a bear trap. I'm going to add more to my position getting in below prior swings.

[00:05:59]And whatever you do, leave a runner for that symmetry, that pendulum swing on the other side of that trading range.

[00:06:07]But wait a second, though. What if we go higher here first? How does this change if we wind up going higher? If we go higher here right now, there's two small adjustments I want to make on this.

[00:06:19]First, if I go higher, we're running right into yesterday's high up there at 3379.

[00:06:26]So, if we go higher here, do not be surprised, guys, if we run up and then get kicked right back down again. Now, we know how pendulum swings work. We know how symmetry works on this, right?

[00:06:39]The amount above and the amount below.

[00:06:41]Can I sell as we come off that high? I definitely can. To do that, I'm going to look for what I call a crown reversal pattern. It's basically a bull trap with two tries off the high. And I want to short this going right back down again.

[00:06:59]that pattern right there that will make sure that the buyers are trapped in and I can use their stops to turn back over and trade that rotation. We know where the target is, right? We use that pendulum swing, that breakout pullback zone, and then this gets really easy now, right? As that rolls over now, now we know, right? Same idea. Trap those bears in again and then add to that winner as it rotates going higher here.

[00:07:26]So, if we do go higher here, it'll be that crown reversal pattern off the high. It's that bear trap. It's the add-on. And again, we keep on trading that rotation. Now, I have one more strategy. If we do keep going higher here, I'm going to grab that in two seconds. But first, though, let's slow down for two seconds because I know most of you guys watching right now, you guys know these patterns, you know these setups, you're making money with these already with us on the live stream. But if you're here for the first time tonight, keep in mind too, I trade this stuff with my students every morning on my live stream. Because guys, learning this stuff, it's fun, but learning this technique doesn't actually pay the bills, doesn't it? We have to apply this stuff correctly to make our money. And that is my live stream is so valuable every morning at the opening bell because tomorrow morning I'll be sharing screens, calling trades, avoiding mental mistakes, answering questions, all in real time. It is a perfect place to learn and trade along with me. So guys, if you're not making the money you want in trading right now, come join me tomorrow morning. Let's do this stuff together. What I'll do is I'll put a link down bottom in the description.

[00:08:42]I'll also drop a special link up top here in the upper right hand corner. Hit that link to pop up there and come join me on the live stream tomorrow morning because guys, trading is so much easier when we do it together. So again, hit that link down bottom or that link that popped up there, upper right hand corner, and I'll see you tomorrow morning, 8:30 Eastern time for the pre-market prep. You're going to love every single minute of it. In the meantime though, let's keep prepping for tomorrow because I have one more pattern I want to share with you. At this point, we've talked about that run lower, that rotation going higher. And we mentioned earlier, if it runs up and rotates back down again, we're going to use that range rotation, come out of the breakout pullback zone. That'd be an easy, talk about picking a perfect pullback. That would be a beautiful one for us tomorrow. But, you know, guys, there's a rumor out there right now. We have a deal in Iran coming here soon. What if we have what if this thing keeps on grinding up overnight? What if we keep grinding higher overnight? Good question. Well, again, what happens after a range breakout, a breakout pullback, right? So, now think, you know, think forward. Now, if this is a range right here, if we continue now to grind higher, what am I doing tomorrow morning on the live stream? I'm looking for a two-legged pullback and a breakout pullback for a retest of that high.

[00:10:10]Right? Very simple. Usually, by the way, usually a breakout pullback will be a two-legged pullback. One leg and then, of course, two leg. It doesn't need to be a two-legged pullback, but those are often times the best ones. And my goal will be to get that two-legged pullback to pull back for me here. Get underneath that 21 EMA. Get one of those bear traps. We'll talk about more tomorrow morning on the live stream. Add more to my winner as it goes higher and we look for that retest of that high. There we go. Right. So, final clue or final setup to pick that perfect pullback for tomorrow. If we do keep grinding higher here overnight, keep watching for that breakout pullback. Add more on the rebound and again a retest of that high.

[00:10:58]That would be a perfect pullback for us tomorrow morning as well. Perfect. So, now you know one of the two strategies I'm looking for tomorrow morning on our live stream. We're not done just yet, though. We got the S&P to cover here.

[00:11:12]Right now, the S&P is a little bit different than the NASDAQ here. Again, I always begin the process on the hourly time frame. Don't get too far into the weeds on this. What's the overall direction? You can easily see that range right there. Right, that range rotating back and forth. Again, don't get too far into the weeds on this. It's easy to see right now the buyers are in control of momentum. That is our directional filter. Now, the hourly time frame is good for direction, but it's not going to help me time the entries. Let's now drill down right now to our tick charts.

[00:11:47]That is a 7,000 tick chart. A bit different time frame there on the S&P.

[00:11:52]And what do you see right now on the E- Mini? I see a big move higher. And again on a big move higher, we know there are two types of strategies we look for. We talked about that rangebound strategy on the NASDAQ a few moments ago. That was the first one. The second one, this S&P chart is setting up perfectly for strategy number two, and we're going to cover that in about 2 and 1/2 minutes here. So, make sure you keep on watching here in tonight's video. What else do you see right now? Previous ranges.

[00:12:23]There's a range right there with a beautiful breakout pullback zone.

[00:12:27]There's a range right there. Very similar. We saw earlier on the NASDAQ breakout pullback zones. Breakout pullback zones. We know that breakout pullbacks. It's just a matter of time.

[00:12:38]It's almost a guarantee. We will eventually get that pullback in a breakout pullback zone there. Breakout pullback zone there. Breakout pullback zone there. Now, what do you see? Final clue on the S&P chart is a gap down there. a beautiful price action gap. A three candlestick pattern where there's no overlapping candles on that middle candle. You have to think now that would be boy talk about perfect pullback for tomorrow. There's that bull channel off the highs done off that low fill that gap around the breakout pullback zone.

[00:13:11]Love, love, love. Now the second type of strategy in a big move environment like this is a two-legged pullback. Now, I mentioned earlier two-legged pullbacks.

[00:13:21]When I when I say two pullback, a two-legged pullback, think about a measured move that goes a bit too far, right? A measured move is a 100% extension, A B C D. A two-legged pullback go a little bit more, right? In fact, something we talk about a lot on the live stream is is the best ones are really scary, right? They're really scary. This might surprise a lot of you watching right now, right? The faster they are, the sharper they are. As we in the live stream, the scarier those two pullbacks are, the better they work, right? The ones we don't like are the slow grinders. So, be aware of this. If it slowly grinds down like that, those are not as easy to make money with.

[00:14:12]Again, it's kind of the opposite of what you would think it would be. But you know, for example, right, that strong run down, that's a really strong twolegged pullback. The sharper and the scarier that two-legged pullback is, the better off it's going to work. So, a really strong scary look at pullback, get that gap filled down there. And obviously here, right, I would love to use same idea. I'm not going to pick a bottom on this. And we'll talk about this tomorrow morning in more detail in the live stream. But I want to grab that bear trap. Trap those bears in. Use their pain, right? Use their stops to squeeze that thing higher. Now, very important. One of the benefits of a two-legged pullback is is that when when I am buying off that low, when I am adding to my winner, right, as we go back up to retest the high. Now, think about this, right? Anybody who buys on the bear trap or buys on the add-on, where's their target? Their target is all the way back up around that high.

[00:15:17]So, when I look at this, I think, okay, anyone who buys down here, they become what? They become sellers up here. They take their profit at that high. So, you tell me, is that a good place to be buying right now? Of course not. It's the worst place to be buying. you're buying when all the smart money is selling. So when I see a two-legged pullback, when I get a nice sharp two pullback and I go right back up to retest the high and I know that myself and all my students have bought on the way up here, if I start seeing buyers up here, yeah, this is this is a bull trap just begging to get sold right now. Now, I mentioned this pattern earlier on the NASDAQ. I call these crown reversal patterns. It's a very simple idea. It's get the buyers trying once, get them trying twice. Remember, lower lows, right? Lower lows. Buyers want to buy low. So, get that lower low in price. I want to see above that high, a nice strong red signal candle. And we're shortening that sucker where back down where back down to retest that low. And in a lot of times, it runs back to that low wasting their bear trap down. They went right back up again. and it creates one big trading range because again ranges are very common after a big move in one direction. Now, here's a question for you though. How could I sell on the way back down again? Could I sell on the way down? I can, but I've got to be careful because we're overall bullish.

[00:16:51]We're going against all that momentum.

[00:16:53]If I want to sell, I have to look for one of those two try bull traps. And that will complete that will set up now my one two-legged pullback. Now, on the initial pullback like this, these are not as reliable as the retest trade. The retest trade's a hell of a lot more reliable, right? So, I'll go full-size position on a short off the high on a retest high, but I'm going to go halfsize position, quarter size position on the move off that pullback. Right?

[00:17:27]Make sense? Right? Because again, I don't have the buyers taking profit in the initial pullback. Right? When I go back and retest the high though, now it makes sense, right? Because now I have all the buyers down here. They're now selling up here. It's only rookies who are buying up here. So once those buyers get trapped up there, I well bottom line is I can be a lot more confident in that one. Right. Absolutely. And then don't forget too, two more things I want you guys to keep in mind here is is that often times we're going to get that two pullback. Often times I'll see a really sharp move lower. It'll trap those bears in. I'll get that nice easy winner. But every once in a while though, it'll hold the underbelly of that first leg going lower, right? So, one leg, two leg.

[00:18:18]This, by the way, is always a good first target. If you're with us in the live stream, you know this already because I use that low as a target all the time.

[00:18:27]Now, again, the goal will be to go back up and retest the high here. But I would say probably 30% of these big deep pullbacks, they're going to roll over and retest that low. Now, repeat after me. Buy the retest. Buy the retest.

[00:18:42]These are such good trades. The retest trade in all reality, the retest trade, my favorite of the two here. Get the bear trap back in there and squeeze back up again back to retest that big high.

[00:18:54]So the the bottom line is for tomorrow is yes, I want to buy that nice deep tool pullback, but I'm telling you right now, do not shy away from that retest trade. And believe me, you will soon be a convert. you will soon look forward to those retest trades. They're very, very high percentage because what happens is is it it fools a lot of rookies. A lot of rookies look at this. They think, "Okay, running lower here. Okay, we're a bare market now." We're not a bare market, though. Remember, the hourly time frame is direction, right? We use the tick charts for entries. So, don't shy away from that retest trade tomorrow morning on the live stream. And I'll make sure you guys know about it well in advance. I'll call that trade out in real time tomorrow. Tomorrow morning that way you can participate with us tomorrow morning on the live stream. All right, guys. And final final tip here.

[00:19:44]Final tip right now. What if all we get is a shallow pullback. Remember, shallow pullbacks are okay, but the problem is this. I'm buying relatively high, right?

[00:19:56]After a big move up like this, I want to see I want to see a deeper pullback, right? Allow me to buy nice and low right now. That's the goal. by low, not by high. But if all I see is a shallow pullback here, remember strong run up.

[00:20:10]They're going to want to retest this high right here. How do I structure the entry if I see a shallow pullback? Well, the trick is is to get in below a swing because that will give us that little bit of an edge we need buying as low as possible. We also now have bears once, bears twice. They're trying to short that thing back down again. Once they get stopped out, we now have their stops to fuel that move going back up to retest that high again. So, promise me if we see a shallow pullback right now, don't be buying high, right? Don't be buying as we go higher here. A lot of times that is a bull trap. Focus on getting in below those prior swings.

[00:20:55]It's either a deep tleigant pullback or a shallow pullback getting in right below swings. Target is up at a retest the high and keep an eye out for range overnight. We may see a range develop overnight and if that happens, we get lucky because that's the easier strategy. We talked about earlier there on the NASDAQ. All right, guys. That is my game plan for tomorrow morning on the live stream. But remember, the planning is the easy part, guys. Executing correctly. When things get wild on a Friday morning, that is where the money is really made. And again, that is why you need my live stream every morning at the opening bell. Tomorrow morning, we're going to find the right levels, time the right entries, manage our positions correctly, avoid mental mistakes that give back all our gains this week. That's what pays the bills every morning on the stream. So again, I'll put that link down bottom description of the video. Hit that link down below. I'll see you tomorrow morning on the live stream. In the meantime, guys, be well out there. Be nice to each other, will you? And be here next time. Adios. Bye for now.