$I 2 groups of investors needed to be flushed before reversal. The option players from Friday that got smoked and the noob traders that were holding out hope for today being their last chance for reversal from last week’s news. This could be near the end of the washout but washouts could linger longer as long as retail fights to snag the bottom. Algos are programmed to win not lose. All today’s dip buyers need to see more pain before we can move higher. It’s the game folks. Making bones ain’t easy. Prepare for the ultimate test of your conviction.
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