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Short liquidation volume skyrocketed to -10,000,000,000 (i.e., -100亿), and right after the FOMC just finished, they flipped their stance—this plot feels all too familiar.
SLD spiked to -10b less than 24 hours after a neutral FOMC meeting.
Buy the Rumor, Sell the News
Bears are firmly in control right now.
Long positions are unsafe until descending trendline is reclaimed.