Of course, we will need to keep tight stops and get out in case of a bounce failure.
If you look at the list below, you will note that most of the long trades look broken and awful. These are the typical short squeeze trades.
The list of short trades is long, but it is only there for monitoring purposes to see what might work starting in a few days.
Today's activity will be centered around the CTick action. The 20DMF itself might continue to show relative weakness.
One example of a possible short squeeze trade is XCO. We can see below that XCO is broken. It is at the top of its supply (50%), just at the Lower Boundary and under accumulation.
On the opposite end, VNCE is a more regular leader that just came back to its 50MA and is bouncing off it.