---
title: So it was just a textbook squeeze?
description: "The short-term trendline and the 21-day MA sit slightly higher, alongside the former range lows, now acting as resistance.\nAs there is no TACO yet and looking at futures this morning, does not seem we will go through resistance today. \n\nSource: TME"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [So it was just a textbook squeeze?](https://blog.syzgroup.com/syz-the-moment/so-it-was-just-a-textbook-squeeze)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 2, 2026, 2:08:00 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/so-it-was-just-a-textbook-squeeze)

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