Short
Cracking!
Thank you for taking the time to read my idea.
Today we have the ultimate short setup and huge potential.
Yesterday we spoke about waiting for a close below the red line for confirmation.
This is as clear as a bell to enter as you get...your stop is a close above todays high.
High probability of follow through action.
The coming plunges will be very violent like March.
A rush to the exits as fresh memories return.
Bearish inter market divergences are evident as are advance/decline indications.
There is no economic recovery...just a FED induced high.
This wave C down should eventually collapse towards 10K minimum.
Today we have the ultimate short setup and huge potential.
Yesterday we spoke about waiting for a close below the red line for confirmation.
This is as clear as a bell to enter as you get...your stop is a close above todays high.
High probability of follow through action.
The coming plunges will be very violent like March.
A rush to the exits as fresh memories return.
Bearish inter market divergences are evident as are advance/decline indications.
There is no economic recovery...just a FED induced high.
This wave C down should eventually collapse towards 10K minimum.
Note
Closed half position.
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.