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I don't think this is a big top


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#1 CLK

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Posted 20 June 2021 - 01:39 PM

Margin debt through May was at record highs, to even get a crash like March 2020, first you need to see a drop over a few months in margin debt and then a new high in price but not in margin debt.
Even if margin debt dropped in June, it still needs more time to create a divergent top. I think about 5% is all you can expect out of this sell off if even that.

Edited by CLK, 20 June 2021 - 01:43 PM.


#2 gm_general

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Posted 20 June 2021 - 08:24 PM

Another extreme chart

 

ON%20repoc.jpg?itok=UGw90RVy



#3 fib_1618

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Posted 21 June 2021 - 09:42 AM

Another extreme chart

 

ON%20repoc.jpg?itok=UGw90RVy

 

https://tinyurl.com/yeds9o4w


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