We will see short term bounce followed by more selling...told you guys 3d sector broke down a month ago at least...flyers always break down first.
3d longs are just for a bounce at this point.
If 45 doesn't hold on DDD, things going to get real ugly.
Amavf also breaking down hard.
Bio sector broke down few weeks ago too, another high flyer sector....RUT and Nasdaq broke down this week too....spx and Dow to follow...looking for IT sell off at this point.
After we see a decent sell off, we will attempt to make new weak highs yet again later this year, but risky to go all in long cause those gains that can take 3-4 months to achieve can be taken away in a week when true sell off happens for long term...we keep inching closer to this point.
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