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UnknownUnicorn569872
Dec 5, 2018 11:04 PM

Prudent Long DJIA at 25000 - Back to 0 for some Hedge Funds Long

Dow Jones Industrial Average IndexTVC

Description

DECEMBER 5, 2018

If you followed me closely recently (including my former
messages in a specific chatroom), you will notice that the levels
I gave including the top at 25583 that I did not officially
post on TradingView) were all supply/demand
imbalance pockets that were shortsqueezed.

The Momentum Unwind by some CTAs that ouccured on Tuesday 4,
December 2018 just engulfed everything back to those specific levels
where different funds with different specific strategies got tricked.

You can see clearly here and more precisely on Dow Jones Futures'
chart how those levels were crucial.

Given that everyone is finally satisfied and back to zero,
there is some chancethat the market could grind up (until invalidation).

In this "ecosystem", there will be winners and losers
and your goal is to spot them in advance.
Comments
ugh2022sucks
whats blue line fall for?
darkside1082
@christiandeleon415, it's a floor
ugh2022sucks
@darkside1082, oh nice.. We should see it fall on monday.
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