Short Squeeze!! 3 Ways to Get PAID on Friday!
We got a squeezer!!
Markets are bullish after a short-squeeze kicked sellers out of positions this afternoon – now it’s our turn to capitalize on this stop run…
The Emini is bullish with a ton of strength going higher, but I can’t just buy the next pullback – I need to wait for something first…
Nasdaq is bullish too, but there’s one “hidden” clue telling me the best trade might be in the opposite direction…
Crude Oil is the most exciting of the group because the squeeze just got started. If there’s one trade you can’t miss on Friday, it’s this one…
E-Mini S&P (ES):
The Emini is bullish and trying to break free of today’s range.
Bulls have control of momentum, and they’ll be looking for entries on this pullback, along with breakouts going higher.
Sellers have options here, but they need to stay patient because of the strength of this recent move. It’s best to wait for a retest of recent highs, then look for shorts off the high.
E-Mini Nasdaq (NQ):
The Nasdaq is bullish with a strong breakout, but sellers held the highs and looking for a rotation back to the lows.
Bulls have control of momentum, but sellers will be looking for shorts off the highs and on the way back to the range lows.
Buyers have options, but they need to stay patient. They can buy a bull breakout on strength, or they can buy off support levels below the range.
Crude Oil Futures (CL):
Crude Oil is bullish with buyers trying to complete a pendulum-swing rotation back to the highs.
Bulls have control, and they can look for entries using pullbacks to channel lows, along with breakouts going higher.
Sellers have to be really careful right now. Momentum is going to be mighty bullish when we retest range highs, so it’s best to wait for a double-top reversal or a strong 123-breakout going lower.