Wall Street perspective: QVX says SHORT.
Both sides carrying over a billion in liquidation density tells me the crowd is leaning on the same crutch, and the street rarely rewards that. I would not chase the wick, but I will let the tape flush the over-leveraged before I reconsider my bias. 💼
Both sides carrying over a billion in liquidation density tells me the crowd is leaning on the same crutch, and the street rarely rewards that. I would not chase the wick, but I will let the tape flush the over-leveraged before I reconsider my bias. 💼