👀 !!

$mstr, weekly chart, nfa price is sitting on support but it is lifeless, foaming in the mouth. I am chickening out, not buying until I see strength.

Glad I got a bag of $MSTZ (short MSTR). I thought I was too early. In hindsight I should have emptied the entire clip at the first entry.

$160-$180 up next week

Now that everyone and their families are talking about shorts on MSTR, I sold my 2x short on MSTR via SMST 2x short ETF. Will wait for 300 to choose more violence. 3

A lot of charts that I’m seeing like this remind me of all the 2008 fractal posts we saw at the end of 2022. Fear of further downside convinced others we HAD to crash lower. Not to say it won’t happen, but you need to wait for confirmation.

I found this a bit unsettling👇

Ppl who aren’t at least considering the possibility that cycle top is in & adjusting their port accordingly will have some soul searching to do, if not now, then later. That lack of risk-hedging will catch up to them eventually, like it did for many ppl on Oct 10.