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LUVU

Bear Opening in markets?Hello everyone. I know it looks very bloody this morning, but I honestly believe looking at the charts here that this does not declare a continuation into the bear trend yet. For some reason I oddly believe that the markets will turn around and go to higher highs above 17.60. To the 17.70-17.90 area. This play again is not set in stone yet, but it should be apparent based on my previous long idea and short idea. What I am seeing is the market making room for larger moves upwards and even if that does not happen in the short term as in today it is still entirely possible. let's say it continues downward today to the trend line and bounces then that's a clear indication we have a serious rally incoming and it's the potential rally I been waiting to see happen in every one of my ideas beforehand. However, if it breaks that trendline and falls below it put in shorts as quick as possible after confirming it's not a fakeout(probably won't fakeout just a heads up). Be prepared.
Long
by CCLelouch
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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