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Audacity618
Jun 11, 2014 12:04 AM

Potential Squeeze 

Description

20ema difference trend support. Bollinger inside Kelter.
Comments
Mr.Josh
Is this what it means cause if it does I should get out correct? A market is said to be in a Squeeze (i.e. lack of market volatility or movement) when the Bollinger Bands contract such that they fit inside of the Keltner Channel. This is usually further characterized by price consolidation (i.e. sideways or ranging market conditions)
Audacity618
This is really a long setup... looking for a volatility squeeze from the lack of movement over the last couple of weeks. IMO given the right amount of buying volume could trigger a rapid cover from shorts.
timwest
I hope you rode this one up!
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