Looking at COT data and Yield analysis shows that a turning point in the market is likely to occur soon, however, that being said it has never been a wise mans idea to pick tops and bottoms. I am still looking to take shorts and extend the range further, potentially to take out the COVID lows. However, one thing that does discourage me slightly is our inability to expand once reaching beyond dealing range lows, this is a tell-tale sign of weakness. Nonetheless, when price reaches these levels depending on the time and price action I will be looking to go short through the lows.
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... or into a relative discount in the current range...
Beyond Technical Analysisictosok

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