we frontran yvwap with a decent bounce. i took 2 long scalps in this area and both closed now. i'm long-biased for a mean reversion bounce in this 73k region (yvwap confluent with 57k anchored vwap) towards '24 VAH at 79k, but i see this as just a trade not necessarily as a macro higher low. if we get 79k, i'm looking to derisk the alts i bought at weekly trend. i think equities need months to repair, and there's room for 67k. 1 trade at a time, let's not get ahead of ourselves.
Zed BananaShare
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