I've been saying this for a few weeks now and all those who bought at the top are now official bag holders. There's a lot more bleeding that will happen. First, SMA9 crossed (check), next we'll see aggressive drop crossing SMA50, maybe some consolidation, and if it drops below SMA200, we're in for some interesting times. Don't stress, here's your play.....check out
UVIX,
MSTZ for inverse plays. There's still some nice upside. When they say, don't sell, you sell otherwise you'll be exit liquidity! I've seen this way too many times. Best of luck!
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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.