For next week to start off the new month of December I’m looking for a little bit more strength until Wednesday, which will make for some good futures trades on Monday and Tuesday. Until then, what we’ve seen this week is a lot of volatility, and we may have put in the highs for the rest of the year. The market to me looks heavy.
One of my favorite day trading concepts involves the squeeze and specifically how we can use bigger picture squeezes with a combination of intraday squeezes to capitalize on bigger picture moves. I like to prep on larger timeframes to find the setups with more power and energy behind them to get a unique edge in the market.