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Just a reminderBears have gone all inBulls haven't budged If...

  1. 6,583 Posts.
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    Just a reminder
    Bears have gone all in
    Bulls haven't budged
    If Bulls don't throw in the towel, the next step is bears have to cover
    This is not a time to be opening short positions
    The decision is whether to hold or close your short positions
    They could keep this under 2.41 to keep retail selling & then squeeze them out with a bounce & yet still be a downtrend
    This could be a downtrend & if you get the range wrong it could be slightly costly but eventually you get paid out
    But if this is a continuation of the melt up & you get it wrong it can be very costly
    As retail keep cashing out thinking they've reached market top, they panic buy again driving prices higher
    How else do you think markets go up?
 
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