Today’s short squeeze puts sellers in a “do or die” position going into Thursday…
And there’s ONE CLUE on the 60-minute telling us exactly where the easy money will likely be made tomorrow!
Emini and Nasdaq both squeezed higher today, but the 60 minutes tells us we can’t chase the market higher…
Stay patient, these (2) price levels are likely where the big money will be made!
E-Mini S&P (ES):
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Emini is bullish and buyers will be looking for a breakout-pullback of today’s range, while sellers look to short a crown reversal off the high.
E-Mini Nasdaq (NQ):
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Nasdaq is bullish with a Spike and channel and we assume buyers will be looking for entries off the low of the channel, while sellers look for entries using bull traps on the pullback.
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