Retail buyershave been outpacing sellers during this entire sell off that started earlier this week.
If we flip net long, there’s a great chance to see the selling accelerate.
Pretty clean price action too.
Point A: Key swing point that aligns w/ 236FIB
Point B: Well respected/defined 1 year parallel channel violated
Point C: Classing “breakout / retest” of channel under-belly that failed and found impulsive selling.