We had a big push last week in the S&P 500 (SPX). All the “pretty colors” are working in favor of the bulls.
The weekly chart is showing a weekly squeeze with Big 3 buy signals. The daily chart is slightly overbought, so selfishly I’m looking for a pullback to enter longs on lower prices. The daily squeeze fired long today, so there’s still “gas left in the tank” to the upside.
In the video above, we’ll review where I’d like to buy the dip on the SPX and my favorite stock pick for the week.
Stay Focused!
