Bottom Line: After the trends got extended, price behavior is now showing distribution-selling in major averages. While it is still very early to label this as a large trend-changing move, safety precautions must be taken. Partial selling of profitable positions, checking stop placement, and buying protection are a few methods to play defense.
Let’s now dive into charts, commentary, and further analysis below…
In today’s video, I discuss NVDA selling, market current conditions, and BTC alternate wave counts.
