The bulls acquiesced today. A lot of people burned up double-digit losses on Calls. Fear & Greed and VIX are both broadening. Everything is pointing down for open tomorrow. $320 acted as a major support of resistance on Jan 31, Feb 24, and Sep 24. Expecting a gap down tomorrow AM and a doji printed on the daily, similar to the candle on Feb 24 just before the cascade. If we break thru without a pause on the daily, I would be open to a fall as low as $280.
poister198
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Seems 326 is the next support, if above 326 near closing, would defo buy dip. However long sl would be 320, but lets see!
pechi123
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test
pechi123
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Volatility is getting sucked out of market, retracement levels have been surpassed. Further development into a 5 wave pattern will mean a low is already in place
UnknownUnicorn1020621
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@pechi123, I see no new tradeable setups. We will just have to see how this will resolve