Hearing rumours that ALL exchanges will be closed on Monday to give G7 more wiggle room to get a solution … this created the squeeze … some even say, it will be A WEEK !!!!
BE AWARE!!!
Monday is anyway a slow day with Japan holiday and Columbus Day in the US !!!

Negative sentiment topping … just have a look at this e-mail from F.T. Alphaville …
Just count, how many times they use the “c-word” … AMAZING

So … let’s talk about a squeeze???

Have a look … the poor DAX … (yes, in the German language it is an animal, too)
Abandoned …
Fuer die deutschen Leser … Der Dax wird ausgesetzt … I love that

Remember … if you see EVERYBODY talking about the crisis … and jokes appear … at least a squeeze could […]

Here the chart and explanation of a friend of mine … Henning V. … Have a look

Monthly DAX Chart reveals: SYMMETRY !
Pattern are often ruled by a “symmetry line”.
Although this is not “official Technical Analysis” we obey these lines quite often in every time scale.
What we often see is that the “inner […]

1990 the Nikkei 225 hit its all-time-high at 38k and “change” …
the Dow Jones was trading at around 3k only …
Today, the Nikkei fell BELOW the DOW … trading only a bit above 8k …
So … another example, that EVERYTHING is possible.