Friday, December 13, 2013

Market Update addendum

Yesterday I assumed they'd want a bullish inverse H&S pattern in place for all the BTD's, however since today's sentiment update and seeing retail flip quickly to the bearish side, a run of the stops (head fake move) that I wondered about earlier today would make sense, it would act as a small bear trap, which is a bit of a booster on a short squeeze when prices move back above the area.


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