This Crown Reversal Could Trigger A Massive Short Squeeze -

This Crown Reversal Could Trigger A Massive Short Squeeze

Nov 14, 2024Jeremy ParkinsonFinance0

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One day left – let’s finish strong!
We just completed a 2-Leg Pullback to the 200ema on the 60-minute chart…Combine that with (2) clues on the Tick Charts, and this Crown Reversal could trigger an EPIC short squeeze tomorrow!Remember that big move higher we saw last week?We’ve finally pulled-back into key support…Now we need a Crown Reversal pattern to “trap in sellers” so we can squeeze their stops!

E-Mini S&P (ES):

Emini is bearish in an overall bull market, telling me to look for buying opportunities using bear traps and double-bottoms tomorrow morning.

E-Mini Nasdaq (NQ):

Nasdaq is bearish in the short-term, but the overall bullish 60 minutes tells me to keep looking for buying opportunities with bear traps tomorrow morning.

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