by Rick Ackerman
RickAckerman.com
Index futures looked like they were biding their time until fresh news of any kind gives DaBoyz the leverage they need to jump-start the short squeeze begun from Friday’s lows.
We should give the edge to bulls for now because of the shallowness of Monday’s pullback, but I’ve left room in Tuesday’s E-Mini S&P tout nonetheless for a trend failure.
Check it out, since there’s a precise benchmark you can use to determine whether bulls may be about to turn tail.