I realize how emboldened our bullish friends are probably feeling based on the past two days, but the XBD is key, and the size and clarity of this top suggests to me that the bounce we’re seeing is just that: a bounce, and nothing more.
Broker/Dealer Bearish Breakdown
The XBD is key, and the size and clarity of this top suggests to me that the bounce we’re seeing is just that: a bounce, and nothing more.
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