ARE YOU ONE OF THOSE!!
YOU ARE NOT ALONE!!!
It's scary, very scary": today is the answer to the question "why don't you trade futures?".
Liquidations in an hour - $468.76 million:
- Longs - $417.78 million
- Shorts - $50.98 million.
Total liquidations for the day are $861.94 million. Longs - $773.73 million, shorts - $88.21 million. It's a bear's holiday on all timeframes. The worst part is that soon trading on the Chicago Mercantile Exchange (CME) will close. The price there is around $67,000 and this level will act as a "magnet" by Monday night. This means that there probably won't be a quick recovery. No V-shaped reversal, at least. We still need to analyze our spot deals. For now, we can say that there is a loss in the speculative spot deal on #BOME . The stop got wiped out. Many positions are in the red. But it's not a sin in the spot bull market.
