Disliked{quote} This is a very important post. I hope everyone can see it It' something that was right 100% from March Bottom. Big players bull - and not out of position or decreasing even if we got so high above 3100 - same thing buy the dips if any Hedgefunds very low exposed on this rally - still net short or out of the market. they will buy after 3400 ? Small Retail adding to short. how crazy is this. Nasdaq all time high. and people are still throwing 1929 charts on Twtr. Also Since data coming better than expected, earnings in q2 will probably be...Ignored
You think they can start buying heavy again above 3400? it would sound crazy, and scary
Haha have you seen it too? 1981 & 1929 bearish charts all over the place, and been there since S&P is around 2300/2400
At some point, Retail could be right, they are shorting a lot lately, that's why its possible to see some retrace, but big players still rule the game
And have you been this post on twitter? We really are near a breakdown
COT: The precious data ignored
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