The S&P 500 is not going down without a fight. The SPX was able to close back above the 21 exponential moving average (EMA) and canceled out all the lower timeframe Big 3 sell signals on Monday. This is a step in the right direction for the bulls.
If the 5-minute and 15-minute squeezes can fire long, this could give extra momentum to push the S&P higher. But the bulls aren’t out of the woods yet and we could see more chop for the month of August. See why in the video below.
Free Webinar: The Big 3 Squeeze
It’s finally time to introduce my new Big 3 Squeeze! Check out how I grew my $2.5k account to $25k over the course of 6 weeks by only trading Big 3 Squeeze setups.
Sign up for my free webinar on Wednesday, August 9th at 7:00 p.m. Central where I’ll announce the official launch of the highly anticipated Big 3 Squeeze! I’ll walk through how I use the Big 3 Squeeze to only trade A+ setups and go through my Big 3 Squeeze scans live to identify potential trade setups. Click here to register!
Stay Focused!
Taylor Horton
