Yes but also guess who knows about short squeezes first like the one in silver few years back .. They do. Think they get the masses on the short side and reverse. Also seen a late been not just in PMS first the either take down or squeeze then a pause as it tries to compensate the late comers getting out of shorts going long or longs temp up to go short due to the up tic rule while ETFs R/S or delist like the crooks getting caught with their pants down. Sometimes it makes a check mark pattern to watch for but best to watch for more than one thing.
ps The fastest rallies can also be the fastest back down when it’s over. I noticed although not a rule as there is none when the last was fast the next will be slow. For instance the take down 08 was fast the next in 12 till now was slow. So not saying will happen that way the next might high and take down might be fast. Not a rule but somehing to watch out for.