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Just to be Crystal Clear folks!
I'm getting a shitload of DM's asking if I am still macro bullish, I'm not, and have not been for many months, hence my "Wyckoff Distribution" chart below which was posted way before anyone even thought about being bearish, but always happy to be proven wrong.
That said, all I'm looking for when I asked the question yesterday saying "Time to long" is an initial albeit, suckers rally bounce to sell into, followed by a continuation lower to my initial min Target of 72k,
after that I will re-evaluate.
If we start breaking levels on that initial bounce, holding above 108k and so on, I will be happy to hold, but until proven otherwise, I am looking to sell the bounce, thats it.
Second chart is the basic idea, hope that eliminates any and all confusion on where I stand! 🔥🔥