STX chart update: Was made prior to heading off to Friday...

STX chart update: Was made prior to heading off to Friday Prayers

NOTE: Buy sides are now more stacked than this image below

One thing as a trader who enjoys the short side of the trade, I must admit, THIS IS NOT the level to be a SHORT!! I suspect ASX200 Whales are indeed trapping Sophs and Retail who are trying to short into this level where they are NOT letting it die NOR are they letting it rip.

Whoever trying to short a breakdown without it confirming could be in trouble. TO be fair it's incredibly 50-50. One semi good news and Retail Shorts will have to close positions (LArge Whales dont mind the drawdown)

One BAD news, and the opposite is also true. When in doubt, stay out! As a shortseller, this looks way too solid as support and I would not risk a squeeze on my small account. Good luck people it will present opportunities for either direction but right now I am seeing more stronger price action and signs of retails getting trapped. I would know, I went long and short this zone 2 different directions, both were break-even or a small loss will have to check my records.. Either way too negligible to remember I just know I didn't enjoy getting tricked 2 times.

Any other short trying is probably experiencing grievances like I did with frustration.

SENTIMENT: NONE due to uncertainty but DEFINITELY no SELL sentiment as a short or long. Just a watch n wait situation