1. Looks like it is with a preliminary breakout.
I do not believe this is . The neckline looks dangerous. Head is located in the pool where 50 mil shorts where liquidated. The price got there for a reason.
2. Open interest within this consolidation increased 100 mil. Traders are opening both short and long positions. Somebody is not right 🙁 Increasing OI in consolidation is typically continuation sign for me.
– to see OI you need a pro subscription
3. People are short on on TradingView, Stocktwist and . You can check what AI is tracking.
4. Selling. I think if the market survived extreme market selling – thats mean emotional participants are done.
– you need pro subscruption to see .
5. Currently lots of bids are below the price. (Also see on tensorcharts). Stop loss right below large bids and thats 5130.
6. Global 5% have been positive for too long.
No need for explanation. Just check
Published at Tue, 16 Apr 2019 22:08:26 +0000
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