Whipsaw massacre Gap up after inflation numbers in a already piled on situation The market is of course vulnerable for at least a fade It is an open-auction out of balance which goes up and down through the open several times If you expect imbalance, like i did, this is the recipe for a whipsaw massacre You get in several times, you reverse positions but you do not get paid I was in for the fade or the liquidation several times but always got chopped out When the liquidation came (triggered by ukraine news) i was already out Thougths on the Market We took out a daily high and are offiicially in balance on the daily now Interesting to see how the market came back in the afternoon Liquidations strenghten a market because they take out longs. These longs have now sold. This means a) This sell already happened and b) they can become new buyers (normally again at bad location) I would not be surprised if we open higher tomorrow