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The volume on this daily chart is a bit high.
The general idea is that the buying pressure on this daily chart won't be profitably exiting in the near future, while the smaller time frame wave structures are retail investors' profit-taking mixed into this daily K-line. Large investors haven't exited, retail investors are exiting. What does this mean? The main buying force on this daily chart won't sell off in the short term. Let's go for a rebound! I have adjusted my positions from 1650/1350 to 1965/1650! Damn, I lost 65 points yesterday after dropping from over 1900, I accept it. I don't see it breaking the bottom again, or in a less ambiguous way, "Choose 1650 or 3350, go with the latter first."
The plan to short at 2150 has been changed to a short-term short, took a bite and ran. Ideally, it would hit 1965, then reverse and go long. That would be really awesome.