I think it is short in the near future, but long overall. I saw a similar thing happen last week Sunday. Rally hard to close week, big selloff to start new week, then a full week of rallying. I don't see anything that's changed.
Long term I think Russel is looking bullish. I feel like it's a little extended at the moment, so I think we should expect some correction. Retail traders, I don't know where you could possibly get in as a buy unless price goes way down from current locality. .382 saw a lot of activity. Maybe price will revisit, but bullishness is the attitude currently. Short sellers, I see some big juicy demand zones, but understand you are selling against the dominant momentum.
If we want to play the return to the closer trendline it's almost a 30 point drop down. Also, Russel is currently resting in a divergent/oversold state. Very tempting.
My risk manager is keeping me out of placing any orders, but I am trying to get in the habit of marking up charts over the weekend and seeing how the prophecies unfold.
If I were persuaded to go short I'd put my stop above the high wick. Realistically, I would have to see how the markets open and then play it from there.
I hate to miss out on a market opening rally. That is my biggest source of FOMO.
I did not like making this.
Long term I think Russel is looking bullish. I feel like it's a little extended at the moment, so I think we should expect some correction. Retail traders, I don't know where you could possibly get in as a buy unless price goes way down from current locality. .382 saw a lot of activity. Maybe price will revisit, but bullishness is the attitude currently. Short sellers, I see some big juicy demand zones, but understand you are selling against the dominant momentum.
If we want to play the return to the closer trendline it's almost a 30 point drop down. Also, Russel is currently resting in a divergent/oversold state. Very tempting.
My risk manager is keeping me out of placing any orders, but I am trying to get in the habit of marking up charts over the weekend and seeing how the prophecies unfold.
If I were persuaded to go short I'd put my stop above the high wick. Realistically, I would have to see how the markets open and then play it from there.
I hate to miss out on a market opening rally. That is my biggest source of FOMO.
I did not like making this.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.