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...
We continue to move sideways inside the squeeze between 37 and 80. We see healthy short activity with the bulls still in control, thorugh bear territory. The shorts started at the $50 area and that will be the resistance to break clean over 55, which is just the 10% window above the last short. We are still bullish with the shorts feeding the squeeze. ...