This is perhaps one of the trades of the year, where I am expecting a really great move to the downside. We have the converging major moving averages and very price action . The best part is the bears continuously have been expiring the bulls on every corner, and the bears are now winning and are putting pressure on, at a crucial, key, technical level. The correction could be HUGE and rapid, and the break out is very nearby. Could be a huge move.
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Best of luck,