We are mocing inside the squeeze between 0.40 and 0.80. The trade support is at .60 downward opportunity to 0.40 and upwards to 0.80. We need to see a break of 80 with sidewayts movement to enter the second face of the squeeze. Last shorts at 0.44. THe bulls are slowlyloosing control, eventhough they are in control a break of 60 would indicate bear activity could comence to feed the squezee.
Green - No shorts in sight Yellow - Some mixed short activity, bulls in control Red - Critical shorts that will be followed by a flash to reset the squeeze. Red FLags... You will know when i call them
Good luck, just a thought
MRIN INside the squeeze, 19 and below bear territoty.
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