DJI may have made a very successful bull trap.
Ditched DJI shorts a while ago when we made a local breakout but now we're up into the bigger 76 fib.
This may be a big expression of the "Return to normal" section of a bubble popping.
If DJI can turn from around this level - then it may be green light for the bears.
Pending some confirmative action, DJI may become my larger short position in the near future.
This may be a big expression of the "Return to normal" section of a bubble popping.
If DJI can turn from around this level - then it may be green light for the bears.
Pending some confirmative action, DJI may become my larger short position in the near future.