Dislikedthe psychology at play in here is this i believe
they have accumulated sooooo much along the way over the past several months, that we hit spots like this and they distribute , making res and sup area. everyone piles on the shorts, they drop it down very lightely wipe out the late longs then run it up quickly again through the highs hitting early shorts stops and moving up ever so slowly while they liquidate the whole time. and only need to give small bursts of buying to conquer resisitance on the top whihc are quickly sold off first as the...Ignored
Agreed 100%. The top is near and when it turns I think it will sink fast. Maybe not Titanic fast but fast enough to hurt anyone long without SL.