Hedge funds, according to COT data are very active in accumulating longing positions, and it fixed above the technical horizontal level on the daily chart.
Market makers could absorb that liquidity and unload it lower.
Moreover, the activity in Put options is stronger than in Calls and the minimum payouts level is also much lower. So I am 🐻 bearish in crude oil, if you also think so, put 👍 and have a nice Sunday!
Hello traders!
The time has come! Sell in May and RUN away. 🏃♂️
Today I want to give you a long-term forecast.
I have a Bearish view on all American Indices S&P500 (ES), Nasdaq (NQ), and Dow Jones (YM).
● I never saw such a big amount of Bid HFTs with no one ASK, even a little!!! 😱
● The market made a breakout of the important resistance level on the daily chart and all the Bear passengers are exhausted to wait falling