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Us100 tech short scenario
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Having been caught out with strong rebound, I still think there’s an overall bearish trend. Would be a good short position once it hits the upper trend line.
Nota
Just noted fed Powell is to testify Tuesday and Wednesday next week. Could be pretty wild swings. Use stop loss where possibleNota
Ok..didn’t reach the intended target to short…looks very bearish nowNota
Unless it’s abc wave to test top channel, given there’s shadow wick at 12450 area and then fall again??Nota
Sneaking feeling wave c is in play for top channel ….see what happens for rest of weekNota
jobless has given it some jolt more likely to test upper channel line by the looks of itNota
Peaked at 12350 before the dramatic drop into the close at 11930 area. Bang on the greens trend line. Question is will it break or spupport….remain to be seenNota
finally broken the line making decent profit....
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