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Bulls Battle Above Daily Mean

 

Last week, the bulls battled it out with the bears and made progress.

The bulls pushed the S&P 500 (SPY) and Nasdaq (QQQ) above their daily means, the daily 21 exponential moving average (EMA).

While we’re still in a down-trending market, the question becomes if the bulls continue this progress.

This week, we’re looking for bullish opportunities that can be kept short-lived. Our focus will be looking for setups with lower time frame squeezes and Big 3 buy signals while trading above their daily 21 EMA.

In the video above, we’ll review how to apply the Big 3 buy signal to our trading this week and discuss setups that “fit the bill” of our checklist, like ZM and TSLA.

Stay Focused!