Large move down followed by an inside day on a Tuesday. Waiting for the market to work down into the lows (previous days low) for a reversal, or for the market to hit the previous days high, trap people going long, to continue the move short.
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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.