Euro 2-9-10 Short Squeezin' Bailout Rumor-Mongerin' Tape Readin' Goodies

Today's Wall St. Hyenas' fake rumor-mongering short squeeze from hell tape action analysis

HOW TO TELL WHETHER THE TAPE WILL CONTINUE ITS UPSIDE MOMENTUM IN FUTURE SQUEEZES

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1. The first few 1 minute bars before the panic started were nothing but continuation patterns of medium sized sized sell clusters matched with buy clusters but at the bar of the very bottom the volume surged and prints got larger gradually, then a wave of bigger buy cluster overflowed the tape while sellers cluster sizes remained mostly small.
2. The first 2 bars of the actual squeeze were mostly big long buy clusters followed by much smaller orders of sell clusters. their volume was 6000-4000 while previous trend's average volume was almost 1000.
3. An interesting pattern of High Freak Wunsy Traitors emerged: most of those big long orders at the beginning of those 1 minute bars (there are several long tape patterns withing EACH ONE) were sold at the last 10-15 seconds of that minute with slightly smaller but very lengthy matching sell orders.
4. THIS IS ALSO A CLUE THAT IT'S JUST ANOTHER SQUEEZE AND NOT ANY KIND OF REAL REVERSAL MOVE
5. A few bars later the frenzy continues and a topping pattern emerges on the tape with lengthy buying cluster that sends price down a few ticks on gradually decreasing order size. This usually happens during tops when there's a false perception that there's a long confirmation signal so the tape usually shows a big fat lengthy buy cluster with big orders, only to top out for the next few hours/days... but during this squeeze the quick fall in price had very big selling cluster as it tanked and then was then met by a disappointing smaller buying cluster in the same bar just when it seemed like the move was done. The price kept jumping/retracing the losses of that failed downside reaction with another big lengthy sell cluster.
6. No matter how much price kept shooting up there were still attempts to pressure down price with big lengthy sell clusters on high volumed up bar. usually those big sell clusters are at bottoms while price is reaching climax low, not while price is going higher quickly.
7. As 1 minute volume started to cool down after the first 10 minutes the tape started blasting out huge sell clusters and bigger buy clusters in reaction. this continued till the last few bars of the higher high consolidation pattern after the high volume break out bar.
8. .At this point, after a day of strong up trend day pattern overnight euro broke previous high Every downtick was weak from that point, overwhelmed by much bigger and lengthier buying clusters.
9. As this squeeze headed towards its last dip and double topped, tape had some big sell / buy prints at the exact support level of that last dip before the trend was over. Then a classic topping pattern of the biggest buy order cluster.
10. then the supporting diagonal of this squeeze broke and double top pattern emerged. When it first broke, there were really big sell clusters in response to previous topping pattern buy clusters.
11. And then the voice of reality spread like a wildfire except it was more like a napalm bomb since it made the 1 minute bar explode downward 75 ticks with a whopping record breaking 14,338 in volume! erasing more than 50% of the bear squeeze in seconds.