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.

註釋

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

註釋

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

註釋

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

註釋

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.

手動結束交易

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.

註釋

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.