Make sure nobody shorts when the US markets open
If they do, they will let it drop & then short squeeze
If bulls don't buy up, they'll make bears buy
Seems to have found some support here (next dip needs to bounce off ema)
If it doesn't bounce they'll keep raising the vix. 34 & 36 are the last 2 bulls can try
If it has the same outcome as last time it should have quite the reversal
If it doesn't work, then it's going to be more pain for bulls (short term)
Make sure nobody shorts when the US markets openIf they do, they...
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Last
7,721.6 |
Change
-82.900(1.06%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,804.3 | 7,804.3 | 7,715.2 |
| XJO (ASX) Chart |