After a recent pullback in the S&P 500, I’m looking for signs of its next big move. The Big 3 Squeezes scoreboard shows that the Bears still have an edge.
If we break under the daily 50 simple moving average (SMA), the daily squeeze could fire short. If the bulls take control on the daily chart, there could still be a chance the market pulls back toward the weekly 21 exponential moving average (EMA)
In today’s video, I use my Big 3 Squeeze to review a few bear squeezes setting up in the market.
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Stay Focused!
Taylor Horton