Phase one of the squeeze, or “the buildup of energy” phase, is underway. During this phase, our job is to identify the cleanest setups the market has to offer and to begin building our positions. Phase one can last longer than we typically think, so be sure to give trades ample time until expiration.
As long as the indexes hold their bullish structure inside their daily squeezes, phase two of the squeeze, or “the release of energy” phase, is expected to bring us into new all-time highs. This should provide the momentum we need to make some profitable trades. During this second phase, tech stocks like GOOGL and MSFT are looking poised to lead the way.
Stay Focused!