3 Ways to Capitalize on this Short Squeeze

Are You Seeing this Short Squeeze for Tomorrow?

The Emini looks ripe for a “snap back” to retest major highs…

The big move on Crude Oil says be ready to trap in the sellers…

And Gold is sitting on major support after going 3 legs down…

All three of these markets look great for a short squeeze, but we have to stay patient for the best entries.  Are you ready?  Here’s my plan…

E-Mini Keys to Success:

• Day begins in a range, the bears get a breakout, bears fail to retest the low and price snaps back into the range again. 
• Bulls Want to complete the pendulum swing and the snap-back to all-time highs
• Bears Want to take back control with a 123-breakout

Best Setups for Tomorrow: 

• [UP] – 2-try trap to buy (or) crown reversal to sell
• [DOWN] – seller failure to buy (or) 123-Reversal to sell
• [SIDEWAYS] – sit on hands, wait to buy below the range

Crude Oil Keys to Success:

• We rolled forward to the 04-21 Contract
• Strong spike higher; expect a range, spike and channel, or deep pullback
• Bulls Want to buy the deep pullback on the way up to $65
• Bears Want to reverse the trend and go back to the range below.

Best Setups for Tomorrow:

• [UP] – Spike and channel to buy (or) crown reversal to sell
• [DOWN] – nested failure to buy (or) 123-Reversal to sell
• [SIDEWAYS] – sit on hands, wait to buy below the range.

Gold Keys to Success:

• Bears in control with 3 legs down off major highs, tells us to expect either a range or a reversal tomorrow morning. 
• Bulls Want to reverse momentum back up to 1800
• Bears Want to hold these lows or breakout lower to next major support

Best Setups for Tomorrow:

• [UP] – nested failure to sell (or) 123-Reversal to buy
• [DOWN] – 123-breakout to sell (or) crown reversal to buy
• [SIDEWAYS] – sit on hands, wait to sell above the range.