Before I prep and lay out a thesis for the market, I like to plan for the few scenarios the market can see – above (bullish), below (bearish), or sideways. The S&P 500 (ES) has been setting up a 2-day squeeze as the market chopped due to the economic events leading into the holidays. Will the squeeze fire and launch the ES to all-time highs? Let’s take a look at the market conditions and set the tone for the new year.