That only applies if we didn't experience a final bottom. your chart assumes its a bear market always.
That is NOT the short squeeze. It's the stutter step (the fake out) BEFORE the short squeeze. Volume tells the story. We're going to $350, but I dunno how far down we're going first.
Nobody is more aware than me how dangerous it is to be short right now, but we're still up over 27% in the last week and I think there will be more of a correction first. volume right now still shows more resistance than support.
I'm not even sure what pattern it is supposed to be but it looks really the same!
Also it is 6:50 am in China. Dump maystart anytime now. Fasten seat belt.