The short squeeze !!
Btw the short squeeze came in sharply and destroyed a lot of late shorts or high level shorts to 61,500/- one liquidation snapshot is from 12 hours ago one at the time of this writing. I guess thereâs still more to come before taking the late longs or if the support is broken then obviously it will be late longs first but looking at liquidation map thereâs billion more on the short side than long side..
Now ?
Seems more like accumulation to me despite weekendâs slow performance⊠might lead to a break out soon by Monday if it doesnât break the support and plans to visit 57âs unfulfilled wickâŠ
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