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Old 03-21-2008, 02:14 AM
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Re: BB Squeeze (Version of TTM Squeeze)
It appears to be me there are two components to the Squeeze Indicator:
(1) the BB-Keltner Squeeze part which is indicated by a series of red and blue dot at the zero line. (2) A momentum histogram that oscillates around the zero line. Between 10:30 to 11:40, the price was making higher high and the momemtun histogram was making lower high, that is called divergence.
The divergence did resolve itself shortly after 11:40 by the subsequent price decline.

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