If there's no reprieve tonight, then unlikely to allow longs to close out before they get totally burnt. They're probably hoping for a bounce.. their charts are saying it's way oversold.. BUT MY INDICATORS!!! They told me it was about to turn...
I wonder if anyone has seen indicators go from bad to way more bad. Lol.. Prices might continue down like 2020.. but 3 weeks might actually turn into 3 months... Or longer before any serious bounce. Lots of bulls going to get wiped out.. (if I'm wrong I'll be breaking even with my 85% short / 15% long strategy).
I mentioned a week ago that you rarely get a second chance.. it was given once already.. if you didn't see the signs then, too late..
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