TWJ also shared this in the chat room Friday. Squeeze Indicator. LOL he asked 62 people (me included) if they used it or ever heard of it. The result? dead silence. So he explained it and of course I went to look it up.
It is in TOS. And I set up a chart study to see how it plays out.
TWJ used it Friday to call a reversal in IWM to the up side. About five Min later it took place. Although he told everyone not to play it that the reversal would be short lived. And it was.
I know like we need another indicator, right? But nice to add it to the thought process.
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