Operation Short Squeeze
Operation Short Squeeze
And there we are – operation short squeeze is officially underway. I flipped back to long mode at 2089.25 (after being long since 2076) which conveniently also produced a new NLBL. You can use that as your stop but I’m a bit more conservative as shake outs will happen here.
What we should be focusing on now is that we have successfully interrupted the series of LL/LH today. The 100-hour is the first stepping stone higher and may get retested a few times (hence my lower stop). The 100-day SMA near 2081 so far seems properly defended but it’s early in the process.
The Zero signal on the Lite is still too underwhelming for my taste. We need to see a bit more short covering here leading to strong spikes above the 1.0 range.
Zero subs: Watch our for distinct divergences but if we happen to paint a trend day (e.g. straight up and signals on the ZL > 1.5 mark) then ignore any blue Mole reversal arrows. See you guys a bit later.
The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.
Cheers,
