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Real explanation of this strong drop
Posted by Hubblerock00
on June 5, 2019, 1:59 pm, in reply to "Strong drop
Until yesterday Fund short covering was the real explanation of the market higher. Origins have been sellers but not as much as FUNDS were more enthusiastic and aggressive buying the deeps and any market opportunity.
FUNDS were needing badly Origins aggressiveness sales that in the last 12 days this had never materialized. Then they created today's market.
They sold the market to the level were Origins have their stops obligated them to sell and also to the weak longs and here we are!.
Technical this market is damaged and now this heaven for the Funds, now there can buy cheap..!
Message Thread | This response ↓|
- Strong drop - ShortDude June 5, 2019, 12:10 pm
- Re: Strong drop - CoffeeSpec12 June 5, 2019, 12:39 pm
- Re: Strong drop - Nagual June 5, 2019, 12:45 pm
- Real explanation of this strong drop - Hubblerock00 June 5, 2019, 1:59 pm
- Re: Strong drop - Glenfiddich June 6, 2019, 5:42 am
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