We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
Oil and gas stocks remain the area of the market offering the most attractive risk–reward setups. Our energy trades continue to work. Today we sold a double in SHEL and hit triples in KMI and USO.
As long as the market keeps rewarding this theme, we’ll continue looking for opportunities in the space.
Here’s today’s standout:
Phillips 66 $PSX is currently exhibiting a Long-Term Squeeze Score of 96.3
Here's what the chart looks like:
Phillips 66 is attempting to break out of a year-long base, with weekly volatility on the Strazza Indicator compressed near multi-month lows.
Refiners and marketers were early leaders in the cycle and have since taken a back seat. Now, they appear ready to break out across the board.
