I have done a short term volume profile analysis with support and resistance levels. Market is at long term trendline as well. I Expect a small bounce and some grinding for a week or so fighting the long term trendline.
Personally I think it will crash through the trendline after a week of grinding, but will watch closely and make short term trades
Personally I think it will crash through the trendline after a week of grinding, but will watch closely and make short term trades
Trade active
Wow! I expected the crash but not this magnitude. Orange painted the market Red! LOL. I had some 20% holding but cash out 100% once it breached the trendline. Next support comes at 4600. and then at 4100. Safe trading
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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.