TT's Perfect Storm: 5 A+ Squeezes, Strong Trend, and Market Indecision [Trade of the Day Logo] [View in browser]( ["With five A+ squeezes and a strong uptrend, TT could be your ticket to substantial gains while the broader market consolidates."]( Nate Bear, Lead Technical Tactician, Monument Traders Alliance The S&P 500 has been treading water since the Fed's last rate decision on September 19th. In three weeks, we've essentially gone nowhere. It's been choppy, and if you've felt that in your portfolio, you're not alone. But don't despair â this consolidation is healthy. The market is adjusting to the new reality of declining interest rates. I believe this is just marking time before resolving higher. Now, let's talk about what I'm watching: - S&P 500 (SPY): We've got a nice squeeze developing on the 195-minute chart. This is my guide for the next couple of weeks. If it fires short, we might see a gap close. If it fires long, we could be looking at new all-time highs.
- NASDAQ (QQQ): Similar story here, with a 195-minute signal to watch. It hasn't regained previous heights, but the setup is intriguing.
- Tech Leaders: Mixed bag. Apple and Microsoft are leading lower, while Meta and Nvidia are exceptionally strong. In this environment, what am I doing? I'm scanning for the strongest stocks with the best setups. And boy, have I found one. Enter Trane Technologies (TT). I discovered this gem using our [AI scanning tool, S.A.M](. When you click the image below, you'll see: - An astounding FIVE A+ squeezes across different timeframes
- A beautiful uptrend that's hard to ignore
- A perfect entry point based on volume profile
- Why this confluence has got me excited about TT's potential For my full take, click the image below and watch my video. [Trending Higher]( [He Picked Apple at $1... and Netflix at $2... Now He's Invested $100K Into This $5 AI Stock]( [Alex talking outside]( [CLICK HERE TO FIND OUT WHAT IT IS]( [Logo]
YOUR ACTION PLAN I'm looking to get long TT as close to $387 as possible. I'm setting my stop just under $383, below the pattern. My target is around $400, which aligns with key resistance levels. For the options play, I'm eyeing the October $390 calls. Why these calls? They offer a good balance of risk and reward, with decent liquidity and reasonable spreads. Set an alert for TT at $387. If triggered, consider entering a position in the October $390 calls. Use a stop under $383 to manage risk. Target profits at $400. Remember, in this consolidating market, it pays to be prepared and patient. That's why I've already set my alerts. When that alert hits, I know exactly what to do. I've done my homework, and I'm ready to act. With the right tools, finding setups like this becomes second nature. In fact, [the S.A.M. AI Scanner]( does a lot of the heavy lifting for you. If you'd like to discover how this powerful tool can enhance your trading⦠[Click here to find out more.]( --------------------------------------------------------------- [Trophy]
TESTIMONIAL TUESDAY "ORCL 175c oct 18 in 1.20--stc 1.45---20.8% gain (in one day) Thank u Nate."
- Sneha "In 4.70 and out @ 7.00 = 48% (in one day) TY Bryan for a great trade!"
- Lance "In @ 2.05; out @ 2.77 a nice and quick 34.4% gain (in nine days). Thanks Karim!"
- Pete678 --------------------------------------------------------------- INSIGHTS YOU MAY HAVE MISSED [Image of the Ally app]( [The Most Reliable Trading Strategy I've Ever Developed]( [Gold and Silver bars]( [1oz Gold for $20? Insiders Say Yes]( [Calls and Puts]( [Why ITM's Have Such a High Success Rate]( [Daily Squeeze - Costco]( [Brace for the "October Surprise"]( [The #1 Energy Passive Income Investment for 2024]( It's not a stock, bond or private company... But this little-known alternative investment could hand you BIG MONTHLY INCOME from the oil and gas surge in 2024. [CLICK HERE TO FIND OUT WHAT IT IS]( [Instagram](
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