Major decision upcoming on Friday - especially for shortsellers. PPI and CPI data is around the corner. Trouble for shortsellers, because neither of those data will likely be bad. 
VIX is already in a difficult to defend position for shortseller and they'll get a double whammy on Op-Ex week. The market will squeeze shortsellers quickly in the area above Thursday's high.
Institutional had swapped chairs with retail and retail is currently bagholding shorts. Above Thursday's high is a good area to double down on longs, while shortseller should cut losses quickly.
VIX is already in a difficult to defend position for shortseller and they'll get a double whammy on Op-Ex week. The market will squeeze shortsellers quickly in the area above Thursday's high.Institutional had swapped chairs with retail and retail is currently bagholding shorts. Above Thursday's high is a good area to double down on longs, while shortseller should cut losses quickly.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.