Hey OP. I don't know what we're going to get here, but that inverse H&S on the COMPQ hit, and we are still pretty oversold on the daily. This could turn out to be a disaster for shorts. That said, it could also be a headfake.
I don't have a strong committment either way, and was also expecting more down. Now, SMH at 40 wouldn't surprise me at all.
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