Test and bye

Price is testing the 30 resistance zone. Previously broken support. There is a lot of supply there, many sellers. I think the price is going to be rejected hardly and pull back to the next support level at 18. I opened a short position, my SL triggers if a weekly candle CLOSES above 30.

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I don't think is going to break up the 30 level. Maybe another poke to the resistance but looks weak.

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Bearish flag! It the price breaks down, the next stop in short term is 18.

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Looks like a dead cat bounce, I added to my short

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I'm getting squeezed, but I'm holding my short. VIX is under 15 and a pull back might happen any time soon. I'll wait until the end of the week to see how the weekly candle closes.

交易手动结束

I closed my short here with a small profit. It went down heavily for three consecutive days and it might bounce up. If it does I'll short it again.

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I opened a new short but this time I bought the ETF (short Quantum stocks). Great risk/reward ratio. SL triggers if a daily candle CLOSES below the support of 6.60.