20070829 1100. Long squeeze signal on mini Dow 50 tick chart. A complete reversal of sentiment from the 200+ point decline yesterday.

20070814 1105. YM futures daily charts shows the bearish breakout formation. Changed since two weeks ago, but is nevertheless a bearish formation breakout.

It was interesting how on 13 August, the TV business news channels were expousing the Goldman Sachs US3 bn injection into one of its hedge funds were "painting a positive tone for the US stock markets" to rebound. Well it is now clear that the market saw this as a bailout and a negative factor.

20070814 1010. Textbook short squeeze on the mini Dow futures today. Classic on the 50 tick chart.

20070808 1047. Minin Dow futures fires off a long squeeze, good for about 10 points. Not very much, but they do add up in the longer term equation for the day trader.