Thursday, February 12, 2009
Dow In Daily Squeeze
The 2 day squeeze in the Dow fired off short on Feb 2. The Dow has now setup in a squeeze on the daily time frame. The last 3 daily squeezes fired off short and lasted 35 days, 29 days and 17 days respectively. If it does fire off short, the signal doesn't have to last as long as previously, but those instances give us some idea of what to expect if and when it does.
Posted by R. Craig Pritchard at 1:56 PM