Soon, the crash will start.
1. Warmer weather
2. Consolidation zone gonna provide momentum to following move
3. Long overweight hedge funds
1. Warmer weather
2. Consolidation zone gonna provide momentum to following move
3. Long overweight hedge funds
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3.118 was the top. Time to go back to the bottom of the range 2.719
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Many people bought at very high level, profit taking and panic will hit.
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Highest volume of all days on key reversal day.
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As expected. My initial idea was correct, even though my timing was really off. Many big players unloaded in the rally and now it's time for the bears.
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Still holding short with $3 average.
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There is still more downside. The week will be red, after which we have a small rebound. s3.amazonaws.com/tra...shots/k/klahufUD.png
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