Friday 28th Dec - Sprint to the finish, page-53

My simple take. Funds were rebalancing this week. Short trading day Monday will be a good sign if this recent down trend is support. Personally I don't think this will be the case, as I believe some of the larger hedge funds are still short, they'll hit this hard first week next year. Time will tell but they played this in the very short term for the upswing, carry the position into the new year, then rebalance for their own ST positions, which are short. Plenty of volatility coming this week, it's going to be fun but you will need nerves of steel for the ST trade. I'm personally not game.

Good luck all. NL.