This week’s trading sessions provided a few opportunities in the S&P 500 (SPX) that we took advantage of in the Compounding Growth mastery.
The bulls continue to hold up the market. SPX is showing bullish squeezes on the daily and weekly time frames. More importantly, the junk bonds ETF (HYG) is showing a daily Big 3 Buy signal with a squeeze. Keep in mind the last time HYG rallied, SPX rallied with it. All signs indicate that the market will continue higher.
In the video above, I review Thursday’s session and how I use the ATR trailing stop, my Big 3 indicator, and the Squeeze Pro to find confirmations for the perfect entries.
Stay Focused!
