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♟ Why a Santa Claus Rally Could Be In the Works

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"Right now I'm seeing the SPY come into the last big area of resistance before a potential rally."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

Dear Reader,

With the holidays coming up, I'm looking at where the indexes could be headed for December.

And in today's video, you'll see how the latest resistance on the SPY could open the door for a "Santa Claus" rally.

I also have a new trade setup for you on a recent earnings loser.

Click the image below to get that trade.

Profit Stream video: Chipotle (CMG)
 

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YOUR ACTION PLAN

Chipotle (CMG) has a very nice basing pattern forming with a large gap to fill. It has a point of control below price, so buyers are happy. My plan for entry is to get as close to the point of control price ($32) as possible, and go out to the December monthly calls.

Chart: Chipotle (CMG)
 

When it comes to finding strong setups like this in seconds, I use my S.A.M. scanner to scan hundreds of charts and alert me to the best setups. This AI-powered tool is programmed with my unique TPS system, and its identified wins as high as 2,250% within 9 days.

Click here to learn more about S.A.M. and how you can start using it for your own trading today.


TESTIMONIAL TUESDAY

"Out (of IWM) @ 4.11 for a 25% (overnight) winner. Thanks Bryan!"
SpacemanSnoopy

"Closed half (of SRPT) @ 6.70 for 45% (in 101 trading days). TY Karim!"
GreggD

"NFLX out of 11/28 spread for $3300 profit (in 1 trading day). 10 contracts. Thanks Nate"
Doug65


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