Prices have climbed step by step from this low point, with the focus lifting higher and higher; every pullback leaves a higher level in its wake—this chart is already paving the way for the bulls. What are the shorts waiting for—don’t they want a deeper pullback? Meanwhile, positions in the same period are actually building up thicker, and fees have never collapsed, which suggests the people holding it are still adding fuel. Don’t catch that falling knife; the momentum-based position will speak for itself. If you’re late by half a step, just watch the chips moving upward.