These circles (on the chart) show where bears are stuck. Such levels have a great inductive element to them. And how they're crossed, whether they hang around for a while or rebounce quickly, gives a good indication of what the market price will do next.
Moreover, according to publicly data, the average retail positions level is approximately $2,580.
In other words, the market appears to be trending upwards, with average bulls positions already in the positive field
Moreover, according to publicly data, the average retail positions level is approximately $2,580.
In other words, the market appears to be trending upwards, with average bulls positions already in the positive field
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