It is my honest opinion that Friday was the blow off top/look above and fail everyone was waiting for.
I base this on a few things. Many people thought they called a a top, myself included, and got short.
Anyone with these positions got really squeezed and had to get out. I don't think that was new money entering the market as much as people with bad position paying for it. Friday had a rally to new high with some mean selling at the end. Just day traders taking profit, sure. Or the start of the real down move. Don't get your face ripped off. Good luck
I base this on a few things. Many people thought they called a a top, myself included, and got short.
Anyone with these positions got really squeezed and had to get out. I don't think that was new money entering the market as much as people with bad position paying for it. Friday had a rally to new high with some mean selling at the end. Just day traders taking profit, sure. Or the start of the real down move. Don't get your face ripped off. Good luck
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.
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.