TMUS onthe one hour chart has shown first a double bottom band touch
ten days ago and then a double top band touch around Thanksgiving.
The squeeze oscillator is shown a narrow volatility range over recent days.
This is setting up for the volatility pop to make for a swing short
with a stop loss above the upper Bollinger Band
5 put option for Friday Dec 2 @...
EURUSD is now uptrending on the one hour chart,
Support from the underside of the Ichimoku Cloud as well as the
anchored VWAP.
The MACD indicator shows the lines crossed while under the histogram
which is now positive.
The Momentum Squeeze oscillator is firing
US equities will be on sale today. Making some profit on leveraged EURUSD
will help buy them.
After a choppy morning trade SPY had a liquidation break later in the day to close down 0.63% yesterday.
Mom squeeze divergence continues is downward trajectory.
As does RSI though it still remains above 50, hence positive.
ES futes are trading up 11 handles projecting an green open for SPY.
Staying neutral for the time being.
