EU is clearly in an accumulation stage (accumulating short position), see how price is being hold and move back up to the premium to accumulate more short position. This means, if price starts to break this large range zone with decreasing volume, that is a sign where new bearish trend start, we may look for short.
Long term Short is recommended to sell and hold as we might see a huge bearish trend coming.
Long term Short is recommended to sell and hold as we might see a huge bearish trend coming.