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Pinning, Stalling… Squeezing To Come? WSE Pro

The market stalled out on Friday, as the pinning bots did their clean up work on the last day of Scam Week (options expiration). Tuesday (market closed Monday), positions will be reset, and given the number of stocks called away from call writers, there’s the potential for a short squeeze that could lead to a breakout through a key resistance level on the SPX. Click here to download complete report in pdf format (Professional Edition Subscribers).

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