A local bottom appears to be put in place in the 3,700 region for what some might consider a short-time-frame double-bottom. Since the trend is down I am only entering with half of my normal position size with the idea that this is a counter-trend-trade that could go against me. I'll look to open shorts at the top. This pattern is not yet confirmed until reaching point D so entering here is risky but the prior 4hr closed strong and support is holding "for now".
Stops Below Point C 3,670
Otherwise I'm waiting as outlined above to short the bounce if 4300 doesn't hold.
That's 3 profitable trades in 1 published chart.
This chart is now finished.
Thanks for following