It does seem to be playing out, but this is not the big pullback.. this is nothing yet.. just an precursor of whats to come, a nice Bull Trap perhaps but on the small scale. Market is very very top heavy at the moment and we need some blood letting to put things back in perspective @pawsdog
I could also see this as the mythical whales testing the floor. Regardless I would see it as a warning sign to GTFO for a bit.. unless you are very experienced and want to play 15 or 30 minutes swings, or just like to gamble.
It does seem to be playing out, but this is not the big pullback.. this is nothing yet.. just an precursor of whats to come, a nice Bull Trap perhaps but on the small scale. Market is very very top heavy at the moment and we need some blood letting to put things back in perspective @pawsdog
I could also see this as the mythical whales testing the floor. Regardless I would see it as a warning sign to GTFO for a bit.. unless you are very experienced and want to play 15 or 30 minutes swings, or just like to gamble.