REVERSAL ALERT!! This Short Squeeze Could Easy 15x Tomorrow!!
Oh boy, here we go again!!
Everything is bearish tonight, but look closely and you’ll see plenty of clues telling us that reversals are where the bigger move could be tomorrow – don’t force it, wait for these signals tomorrow!
The Emini is bearish into a range, but look closely and you’ll see we’re trading at the lows of a much larger range, telling us to fade the breakouts!!
The Nasdaq is bearish into a range, but did you see that range above us from earlier today? Multiple ranges on the chart tell us to “trade the rotation” back and forth!!
Crude Oil is bearish, but that big move higher on Friday, combined with this “bull flag” today tells us the better side will be the reversal side!!
E-Mini S&P (ES):
Buy low, sell high and focus on failures while keeping an eye open for a breakout.