Bearish looking chart, with some upside. RSI is at oversold. I would imagine short fast spike up for the first few hours of trading, and then continue down past 14438.40. Will probably rise again when NYSE market opens. Same deal short upside and then probably back down. General consensus is sell, but there will be some short upside. Remember its general direction is sell. Don't get caught long. Rather 10 bags of 50 than 1 bag of 500.
This is not financial advice, I am not a professional. Please do your own research. PS: I do not short, so there will be no strategy on that.
This is not financial advice, I am not a professional. Please do your own research. PS: I do not short, so there will be no strategy on that.
Disclaimer
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.
Disclaimer
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.