I think it may just be a correction at this point, Nasaravi and we go to new highs. Of course, I could always be wrong and in addition even if I am right, it only may be a correction for a couple of days, or even one day.
However, I am hoping it's a trend change of several weeks because my analysis supports that right now.
I have been bearish since late May, about three weeks early. Not good for my p/l even if I am correct in the long run as I play options and time decay is a killer.
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