5.2 million shares sold in 11 days (since June 10th)The Liberals announced on June 10th that the capital gains tax rate would change on June 25th, 2024.
I calculated that 5.2 million shares were sold on all exchanges in 11 days.
With buyers staying away knowing that there is a downdraft, the sellers dominated for these 11 days.
Tomorrow it all changes as buyers will come back, there is no selling pressure, those who sold out will also want to come back in and, shorts are going to want to cover.
We have the TRIFECTA and it starts TOMORROW.
Good Luck