A squeeze set up this morning with the wave on the
bottom and the volatility build-up took us lower. A second squeeze formed of
longer duration with the wave now above, mid morning. Price shot up higher but
the pattern resembled a short squeeze. A third TTM squeeze set up prior to noon
and this took us to new lows with initiated selling. Currently, a squeeze has
been building for the latter part of the day, that should move with some force
upon its' release. A longer term squeeze is setting up on the 6765 tick
chart for a high volatility move in the near future. The squeeze that set up
earlier in the day was only four wide, and the move had some significant weight
to it. The squeeze building will be of a much higher magnitude as it is already
three times as long as the one prior.
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