Longs have TOP-ed out.
Shorts have BOTTOM-ed out.
Usually 90% of cases these will go each in opposite direction very soon. As Long-ers are caught up-there since 4xxx$ levels currently are on NEGATIVE. While Shorte-rs are playing the small swings until a good opportunity arises to short after this weak BULL performance.
Shorts have BOTTOM-ed out.
Usually 90% of cases these will go each in opposite direction very soon. As Long-ers are caught up-there since 4xxx$ levels currently are on NEGATIVE. While Shorte-rs are playing the small swings until a good opportunity arises to short after this weak BULL performance.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.