target met, vol surge, so could be a rebound here first which likely would be sold.
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These are 5 min JUICED SHORTS with momentum faded in the background. Pink ma is the equivalent of 5dma
Even our best and brightest IWM is participating with the bear via TZA
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vol surge, so probably another rebound here which likely would fail again.
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5min
As long as that red trendline on volume (top panel) continues sloping up, the bears are firmly in charge today.
NYSE declining stocks = 2.0x advancing stocks
NYSE declining volume = 2.1x advancing volume
Even TICK had to finally succumb to the bear
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Cobra wrote:vol surge, so probably another rebound here which likely would fail again.
Really hard to resist booking profits now.
Must resist urge.
Yeah, this is actually a difficult part: hold the winner.
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