An update to my previous idea. The problems in the economy are still here and have become even worse in the last couple of weeks, so we will most likely see a further decline very soon. The downtrend is still present, the key levels are 4400 and 4600. At the moment I have a short position from the level 4400, SL 4450, TP 4200-4100. If we go higher, I might short 4600.
Trade active
shorted @ 4600Note
I think from here (4600) the index will only go down. I don't rly see any reason to go up in the upcoming months.Trade closed: target reached
closed the entire position @ 4100
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.