If break below 2040 it means the past 5 days of bulls are all trapped and have to be stopped out.
This creates a huge feedback loop of shorts chasing and buyers getting stopped out/margin calls. That is exactly why it's a flush setup to 2025
closed short trade - sim
hoping for a day when it doesn't start at the low end. -
est of next high 2083.50 (dec contract) - sadly est is at about 23:30pm tonight
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Educational only and not trading advice (EO&NTA) Good trading to all
Unique wrote:If break below 2040 it means the past 5 days of bulls are all trapped and have to be stopped out.
This creates a huge feedback loop of shorts chasing and buyers getting stopped out/margin calls. That is exactly why it's a flush setup to 2025
Is it a flood or a flush? And what's with all this sandwich?
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should be a rebound here which likely would be sold. I'd be very surprised if this is vacuum (means to rebound to the day high).
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