Daily Signal Sets Up For A Flush Lower

The S&P 500 (SPX) is in an interesting spot as it continues lower under the 21 exponential moving average (EMA). I’m staying short as long as the SPX stays under the daily 50 simple moving average (SMA) with a sell signal on the daily chart.

In my Compounding Growth Mastery, we continue to trade AMD as the daily squeeze fired short on Monday. AMD continues to move with the market, and if the SPX shows Big 3 Squeeze sell signals on shorter time frames, this will be the perfect opportunity to continue to take AMD even lower with the market.

For the last 4-5 weeks, the bull scans have not been working, so I’m continuing to stay short until the market shows signs of a possible turnaround towards the upside.

Keep up with me on Twitter, where I post constant updates on what the Big 3 Squeeze is showing me and other market analysis. Check out my tweet below on a trade idea on $ORCL:


Stay Focused!


Taylor Horton.