SHORT SQUEEZE!! This “CPI Squeeze” Could 10x Tomorrow!!
Oh Boy – CPI Comin’ in HOT!!
Everything’s bearish going into tomorrow’s CPI Report – sellers are waiting to short the next bounce, but we have just enough space for this short squeeze off today’s low!
Emini and Nasdaq are bearish, sitting at support below today’s range – I’m def looking to short the next bounce, but this “short squeeze” will be a lot more fun!!
Crude Oil is bearish with a big move lower today – we’re ready to short the next DEEP pullback off the lows. How deep does it need to be? Here’s the secret…
E-Mini Nasdaq (NQ):
The Nasdaq is bearish, sitting at today’s low with a range above us.
Sellers will be looking to hold this for a breakout, while buyers look for a reversal back to the range!
Keys to Success:
- Trading-range, Strong Move Down
- Buyers want a reversal back to the range
- Sellers want to hold this breakout going lower.
E-Mini S&P (ES):
The Emini is bearish with a strong spike lower – but there’s a range above us, so buyers will be looking for a reversal if sellers can’t hold this breakout!
Keys to Success:
- Strong Move Lower, Trading-range
- Buyers want a reversal back into the range above
- Sellers want a breakout lower.
Crude Oil Futures (CL):
Crude Oil is bearish with a large move lower today, telling us that sellers will be waiting for a DEEP pullback to sell more tomorrow.
Keys to Success:
- Big Move Down, Pop and Grind Channel, Spike & Wedge
- Sellers want a DEEP pullback to sell back to lows again
- Buyers want a reversal back to $100
