FFS, Supporting your argument with your previous arguments. That doesn't make it any stronger. Yes, I am in denial. I deny to believe a crappy fish oil Meta analysis has any bearing on RI results. I deny there was any leak for months now according to you. Now let's see if my denial pays off.
FFS:......Trading is like being a peddler,who goes door to door when its raining, selling umbrellas......when the sun is shining, he switches to selling sun glasses..... He can make a little money that way......investing is like being a business man. He sets up an umbrella factory in a rainy area and devotes all his time to it....if it continues to rain, he can make a lot of money that way.
So you have sold your position today ,so can you take your Graphs and close the door behind you and with the money you made maybe check out Whale and go on Vacation [long]to some isolated Island with no internet.
FFS. quick note I'm not out right bearish ...I'm hedged I think JELIS is unreliable as an indicator of likely benefit BUT think the PROVE -IT data supports some degree of benefit especially in select sub groups.
Your most compelling argument IMHO is the strong down trend line since the Jan highs.
In my experience many traders will not commit to the long side until this is decisively broken to the upside and in fact will sell into any rally that fails to decisively break this line.
Wether you believe in TA or not ....the above trading behavior, is I believe , fairly well documented JMO Kiwi