September 7, 2023

This FAKE-OUT BREAKOUT Could Trigger a Massive SQUEEZE!!



One day left – let’s make it count!

Buyers are still trying to recover from that big move down yesterday…

And today’s choppy price-action tells us this *Fake-Out Breakout* might be the perfect trigger for a massive short squeeze!

Emini and Nasdaq were choppy and range-bound today, telling us something BIG might be coming tomorrow…

Let’s hope sellers try for another leg lower, because this *Fake-Out Breakout* could be one of our best trades of the week!



E-Mini S&P (ES):

Emini is bullish into a range, telling us that buyers will be looking for breakouts above the range, or bear traps off support below it.


E-Mini Nasdaq (NQ):

Nasdaq is bullish and grinding higher, telling us sellers still have control overall until buyers can get a pop and separation off the 21ema.



    schooloftrade

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