The technicals are practically writing the news themselves . . ChatGPT in the HOUSE!?!? . . maybe ;
I'm not gonna get into a lot of detail but Bitty CME has a sick bottom gap that HAS to fill, eventually and as Bitty goes so goes the rest of 'em. I plotted a possible entry / firesale level buy op about two weeks before this ridonculus pomp and then watched the news support the price action. Between Lawsuits, CFTC, adjudications, Gary and his crusty shekel band of blowholes, etc., it's like a reverse 4th of Ju ly.
So have fun with it and please consider hedging, spread risk, DCA, and grid into positions. Bottom fishing and top spotting can be tricky for the "all-in" guys.
Cheers and don't get REKTRP'd!!!
~ Box
* * * Not Investment Advice * * *
I'm not gonna get into a lot of detail but Bitty CME has a sick bottom gap that HAS to fill, eventually and as Bitty goes so goes the rest of 'em. I plotted a possible entry / firesale level buy op about two weeks before this ridonculus pomp and then watched the news support the price action. Between Lawsuits, CFTC, adjudications, Gary and his crusty shekel band of blowholes, etc., it's like a reverse 4th of Ju ly.
So have fun with it and please consider hedging, spread risk, DCA, and grid into positions. Bottom fishing and top spotting can be tricky for the "all-in" guys.
Cheers and don't get REKTRP'd!!!
~ Box
* * * Not Investment Advice * * *
Comment:
ignore the EMA's on the 4H, my bad . .