3900 I think is a really important level. Was mega bullish heading into it. Shorting a massive amount of puts into the hit of it and the run down to 3820. Made a full exit of my short puts positions and am currently short 4100 - 4200 call spreads and long various OTM puts, most of which at least 5 - 10% under current prices / entry prices.
I think if this bull level fails, you've seen the exit of the large buyers.
Bulls need to perform soon or we've had the encore during 2021 and the show's over, that's my thoughts.
I think if this bull level fails, you've seen the exit of the large buyers.
Bulls need to perform soon or we've had the encore during 2021 and the show's over, that's my thoughts.
