This Short Could Have Yielded You $10k… Did You See It?

The Hawkeye Traders E-Letter — Your No. 1 Source for Volume Trading Insights

Hi Trader, I hope your week is off to a great start! Yesterday was a pretty exciting day for us traders… As we watched the Nasdaq reach a major milestone of 11,000. Of course, as soon as it hit that peak, it began to retrace… And if you saw Hawkeye's confirmed short entry in time, you had the chance to capture a hefty profit. Let's take a look at the chart…

This is the Nasdaq e-mini futures (ticker NQ) on the 3 minute timeframe. Here we can clearly see the sellers stepping in immediately after the Nasdaq hit the 11,000 mark… And shortly thereafter, Hawkeye gave us the confirmed "double dot" entry to get into a short position. Here's a closer look:

Now in this image, if you follow my cursor down to the horizontal bars running across the bottom of the screen, you'll see those two red dots that are perfectly aligned. That's a textbook Hawkeye setup that follows the rules of our simple 3-Step Method… And if you got in at this level and stayed short through the close, you're looking at a roughly 500 point move… Which, at $20 per point, equals $10,000 per contract. Not a bad day! Now, looking at the daily timeframe, we see another classic Hawkeye signal:

A big, red bar to close out yesterday's trading, which is a VERY strong sign of a potential reversal. Now, if today's bar closes red with a price lower than yesterday's close of 10,390, we'll have a confirmed reversal on the Nasdaq… And I'll be looking for a pretty significant drawdown, possibly all the way back to the 8,000 level. But here's the thing… I don't need to guess where an index… a stock… a commodity… or any other tradeable asset may or may not go. Because Hawkeye tells me everything I need to know based on the ONE and ONLY indicator that actually LEADS price movement. So if you're ready to learn more about how I use volume to guide my trading day in and day out… And see exactly how the 3-Step Method can help you spot, enter and manage winning trades… Then click right here to view an on-demand training video and see how you can get started with Hawkeye today!

Taking Advantage Of The Biggest Short Squeeze In History

As far back as September of 2019, Hawkeye has been giving us positive signs on Tesla (TSLA). Of course, we all know this stock has been screaming higher and higher this year, particularly in the past few months… But there are plenty of folks who continue to bet against Tesla and its visionary founder, Elon Musk… And all their short selling over the years has now led to the biggest short squeeze of all time. Now this Thursday, I'll be going live with a very special guest, Ross Givens, to talk in more detail about what this historic short squeeze means… And how traders like us can take full advantage of it. Just click right here to register your seat in this exclusive event… And I'll see you there!

The Hawkeye Team

Hawkeye Traders team1@hawkeyetraders.com hawkeyetraders.com

Call us: (888) 233-8598

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