This is what it boils down to I guess. The scum is loading the boat, and so are the funds/momo players. No one is backing down, so when the dam breaks, it will be ugly for one of them.
The question is whether the scum will be able to pull off another waterfall decline or if that time has passed. Odds are against us, I’ve never seen it fail. Maybe the real question is how big of a selloff we’re going to get. We should have support at $1960 and that will hold.
Hopefully the longs are playing to take delivery and screw the Crimex.