Bulls in control of the squeeze, support around 47.50 with a trendline support area starting at 50. I still expect a normal retracement to occur around the high 40s before another squeeze to 65. Its getting harder to time the moves as it moves to the thin part of the squeeze in the hourly timeframe.
Signs of coverign still present
SO ...
Green - Happy sailing no short activity
Yellow - Some mixed activity still shorted
Red - Critical shorts that will be followed by a flash
RED FLAGs ... I will explain as they occur
HUES- Additional datapoint based on trendline and buy or sell volume.
Just a thought
Signs of coverign still present
SO ...
Green - Happy sailing no short activity
Yellow - Some mixed activity still shorted
Red - Critical shorts that will be followed by a flash
RED FLAGs ... I will explain as they occur
HUES- Additional datapoint based on trendline and buy or sell volume.
Just a thought
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