The S&P 500 (SPX) continues to trade around the $4,200 resistance level. On Monday, SPX approached $4,200 but failed to break through it at the close.
The daily bull squeeze officially fired long on Monday with Big 3 buy signals on the weekly, daily, 4-hour, 2-hour, and 1-hour time frames. For now, the path of least resistance indicators are printing bullish. This could cause these squeezes to trigger to the upside…
In the video below, I’ll review where SPX could move if the squeezes trigger and break down charts on TSLA and NFLX.