Bulls Need Some News, Any News…

by Rick Ackerman

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.

Continue Reading at RickAckerman.com…