SION squeeze setup
Hot PCE data and hawkish Fed talk have reset risk appetite, but SION is showing the classic squeeze structure. I'm watching for a breakout above resistance.
SION squeeze setup
Core PCE printed at 3.4% and the Dow dipped 9 bps. Macro headlines are noise when the float is this tight. SION has the highest short interest in the tape and the volume profile is coiling.
I see a textbook squeeze pattern on the daily. Borrow rates are elevated and the options flow is skewed to the call side. Biased long here — the setup does not need macro permission to run.

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