Hey everyone,
Here is a demonstration on a long squeeze for the SPY. Given we have overall bearish momentum, this move is an institutional trap for retail traders who believe they are trading a break of resistance. Always trade the trend.
Peace, Seb.
Here is a demonstration on a long squeeze for the SPY. Given we have overall bearish momentum, this move is an institutional trap for retail traders who believe they are trading a break of resistance. Always trade the trend.
Peace, Seb.
Comment:
I meant to say long squeeze in the image!