Market Analysis for Aug 16th, 2022

Team squeeze is easier. Weak sellers got massacred earlier with the poke under ES 4285 and immediate V-shape reversal.

Looking for new highs into ES 4320s and NQ back to 13.7k. Wrong below 11am low

Ricky Wen is an analyst at, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.