$AKE ‌A proper, smooth grind-down has started. Whoever says you can ignore it and go up doesn’t matter—when the MACD indicator switches from red to green, that’s when the move really begins. If you’re short, you don’t have to worry at all. It’s totally normal to have upside wicks. And to squeeze and wipe out short positions, having both upside and downside wicks during this kind of slow grind-down is just completely normal operation.