Can we squeeze much higher...?
How much more can the squeeze squeeze?
The exceptional rally last week came after a massive de-risking from fast money and some extreme sentiment readings - as witnessed in the first few charts below. The big question from here is of course if this actually is just another bear market squeeze to sell into and if so, how much more can it run, or if this is something more sinister (for the bears). Time for a long thread.
Those sentiment signals were screaming buy...