Major shorts squeeze next?

Future indicating break out of upper channel and this could means shorts covering likely in later part of the day. December has always been good for the bulls. I suspect this is due to that most Pros are on holiday and they are not shorting the market as this symptom is evident on the induces..i.e all went up with bad news. Only retails traders are participating the market this time. Recall the Olympic in August? Stock market all over the world retrace during the period as Pros went for holiday.



Zoom in on the break out..



I'm still Long AAPL Call. Will close this trade when NQ reaches 1300.