“Feels” like a squeeze at the 5-day short exit to me (see dashed magenta line).

Related posts:

  1. 07.10.09 – Successful Higher-Low Retest
  2. 02.10.10 – Lows Retest & Hold
  3. 04.21.10 – Five-Day Moving Average Recovery
  4. 12.20.10 – Higher High, Higher Low?
  5. 08.09.10 – SPY Holds 5-DMA