Hi all,
$383 million in swaps traded on the 8'th of Feb and will be in effect tomorrow 10 Feb for the meme basket. Not gonna name the basket nor show the data. I'm going on a trust me bro basis from now onwards. All i'm gonna say is that we're in a basket highly corelated to Crypto and cars...
It's safe to say that we should expect moves starting yesterday and for the next 20 something days.
I'm gonna have to reverse and go bullish now...
$383 million in swaps traded on the 8'th of Feb and will be in effect tomorrow 10 Feb for the meme basket. Not gonna name the basket nor show the data. I'm going on a trust me bro basis from now onwards. All i'm gonna say is that we're in a basket highly corelated to Crypto and cars...
It's safe to say that we should expect moves starting yesterday and for the next 20 something days.
I'm gonna have to reverse and go bullish now...
Note
I seriously hate this market. Everything is flashing overbought yet there's still signs of bullishness. GME's other data is dropping like a brick indicating things are over, the rest of the market is flashing giga bullish.Nothing makes sense anymore. I wouldn't count on my posts for a while until i can actually make heads or tails of this.
Note
As i said, don't follow this one. I can't make heads or tails of it.Personally i'm gonna go with bearish on this.
Note
Ok it's all super clear now, it took a while for the data to normalize a bit.Downs.
$17PT first, we'll see later for further PT's.
Trade closed: stop reached
Exiting.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.