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Heavy Market *PIC*

Hello

It is clear that not many think the last COT report is a bearish news. However, I am truly convinced that the significant growing of managed money short position is clear sign of big troubles ahead for bulls.

I consider the las COT report as very bearish and personally feel this market is susceptible of further downside action.

I expect a initial and wrong upside reaction to the news then a sell off that will drive prices quickly to the key support and new lows.

GT For all

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Heavy Market *PIC*
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