Why I'm looking at shorting.
I think there'll be some support around here.
We're at the beginning of a turnaround. At the beginning of recent swings, I've noticed that prices often only made it to the 50%. In fact, they barely reached the 50%. I'm expecting something similar will happen now (if it even passes the 38.2%).
Loading up in that magic 50-65%
Let me know if you have any questions.
Suggests an upward trend for at least the next few days.
