A huge push to prevent the MACD from crossing. All the previous times the MACD had a clean cross yet today the blue line turns to run parallel to the red line after a a dump of 100K borrowed shares , buying $180 puts and shorting ETF's. It is very expensive to live another day, however I don't mind, as Warren Buffett said "We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely."
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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.