This Short Squeeze Could Make Our Entire Month -

This Short Squeeze Could Make Our Entire Month

May 31, 2024Jeremy ParkinsonFinance, No picture0

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Final Day of May… Let’s Do This!!
Markets just completed a 2-leg pullback on the 60min chart – the perfect spot for a Short Squeeze to finish the month!Tomorrow’s the final day of the month, and we have another BIG inflation report coming out…Combine that with this beautiful 2-leg pullback on the hourly chart, and this Short Squeeze could make our entire month!!

E-Mini S&P (ES):

Emini is bullish overall, but we’re bearish into a range in the short term. Buyers need to respect the sellers and look for bear traps for the best entries tomorrow morning.

E-Mini Nasdaq (NQ):

Nasdaq is bullish overall, and this 3-legged moved lower gives buyers and excellent opportunity to trap in sellers and squeeze their stops tomorrow morning!

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