A log of keeping an eye on the market while slacking off: $MAGIC 24-hour contract positions -29.9%, price +10.42%—a clear case of positions falling while prices rise.
Looks like the bears all let go at once. The rope slid upward, and so did the price. It looks like the bulls won, but really, the other side just let go—pretty much how I won at arm wrestling last time.
If that hit a little too close to home, come get a hug in the comments 🫂
#MAGIC
Looks like the bears all let go at once. The rope slid upward, and so did the price. It looks like the bulls won, but really, the other side just let go—pretty much how I won at arm wrestling last time.
If that hit a little too close to home, come get a hug in the comments 🫂
#MAGIC