Inflection Points
Seeing a few markets that look like they could be subject to reversals.
The EUR has sharp downwards momentum, but stalled right at a key support level on a failed break below 1.05 this morning. Small bullish divergence. Yesterday, I put on a February 1.04/1.03/1.02 put ladder for a grind lower from here, which trades MTM bullish for now which I am fine with given how crowded short it is.
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