"The Bollinger bands on the TRX/CDNX ratio are creating a monster pinch at a very critical junction. The answer to your question is that the lack of volume may give way to an avalanche of selling and then you'll be able to fill to your heart's content"

The lack of volume is feeding the lack of volatility which is creating the Bollinger band pinch.If you look at the squeeze that occurred in April you will see the lower bands line up perfectly.In fact, this beginning setup of a Bollinger squeeze looks like a repeat of the setup in April.The result of that squeeze was not an avalanche of selling but a breakout to the upside.There is no way to tell for certain which way it will breakout, but with a setup looking the same just a few months ago, your analysis seems like total crap.Anyway, if history is going to repeat, we should have a strong breakout in a month or so (my guess is to the upside for the reasons I stated above). Reference the 6 month chart for comparison.