MQP IVOR LONG THESIS IS DEAD AS OF THIS MORNING
HEADER - Price action destroying all bullish intermediate trends. This is an extremely bearish out come only realized in last 3 hours.
SUMMARY - I wanted to put this up as a warning bc I have no time for detailing. I am massively short right now.
DETAILS - We were at a very bullish juncture that was not supposed to turn bearish. If price reverses here, the first floor is 1720 and there is no reason to expect 1670 to hold prior to 01-26.
SUMMARY - I wanted to put this up as a warning bc I have no time for detailing. I am massively short right now.
DETAILS - We were at a very bullish juncture that was not supposed to turn bearish. If price reverses here, the first floor is 1720 and there is no reason to expect 1670 to hold prior to 01-26.
A - Anything can happen, but regression odds with volume rug pull has bullish reversal at 1 in 6 right now.