ASX has extended and looking to test into resistance
Like a lot of major Indexes in Europe and the US, the ASX has extended higher into the end of the month and quarter. Expecting that there has been a lot of window dressing pumping the share markets higher so watching now for an opportunity to fade the strength for a move down.
The setup will be key as shorts have been squeezed out numerous times and I will have to be nimble if the setup plays out and then looks to fail for another short squeeze.
At this stage I am only on the hunt for the entry setup!!
The setup will be key as shorts have been squeezed out numerous times and I will have to be nimble if the setup plays out and then looks to fail for another short squeeze.
At this stage I am only on the hunt for the entry setup!!
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