Relative wealth of S&P/ASX200 shows Australian are getting wealthier since GOV interference on 20/3/2020.. current DIFF at 33.52%. (a countries stock market measures the relative wealth of the people, As stocks are mainly run by pension & retirement funds; Which carry a lot of the countries wealth). On Cot reports (hedge funds positions) Banks are having a flip from net short to net long positions.
(full analysis search "glacentfx on telegram")
On retail trader positions 82% are net short while 18% are net long.Meaning prices will continue rising as retails lose so we trade against them.. HOWEVER key point; The average long price of retail traders is 0.6993.And average short price of retail traders is 0.6727.
The average short price is 0.6721, while avg long price is 0.6993.. so we expect market to shift down to one of the 2 zones.Trapping in more sellers while at the same time stopping out buyers to provide liquidity. the liquidity is both of the indicated zones (in most retail traders literatures they are taught to input SL a few pips below the wicks) making the zones areas of interests.EXACT ENTRY TO BE UPDATED
(full analysis search "glacentfx on telegram")
On retail trader positions 82% are net short while 18% are net long.Meaning prices will continue rising as retails lose so we trade against them.. HOWEVER key point; The average long price of retail traders is 0.6993.And average short price of retail traders is 0.6727.
The average short price is 0.6721, while avg long price is 0.6993.. so we expect market to shift down to one of the 2 zones.Trapping in more sellers while at the same time stopping out buyers to provide liquidity. the liquidity is both of the indicated zones (in most retail traders literatures they are taught to input SL a few pips below the wicks) making the zones areas of interests.EXACT ENTRY TO BE UPDATED
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