At a Critical Point!!!

As you can see on the Charts, we are at the resistance line on RSI (which it broke down from). Fail to break above it, we gonna see more downside. Also negative divergence on 4 hour chart.
Too early to short. Wait till it crosses $180 and then wait for VIX to go up.
avka81 gvoommen
@gvoommen, By looking at today's action we might not see $180.
+1 Reply
@avka81, most likely but I don't see any movement in VIX which still tells me that the market is still in greed mode.
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