Too much divergence

62 3 9
- Daily candles have higher highs, but last three candles had relevant lower wicks too.
- The small candle bodies are also reflected in both haDelta+ and haOscillator, which thus developed quite some negative divergence
- EWO             and MACD histogram alsotick lower -> early negative divergences

- 4H divergence is seen in both EWO             and haOscillator

While the trend and setup is still bullish , should it break below 4H Kijun (313,26), a sudden reversal and dip to 311-312 zone would be very possible.

I suggest to get out of all longs and/or sell covered Calls.

Another failure today on the top side at 314. I sold more. Net short now.
just got out of it! :)
+1 Reply
Kumowizard abundance28
I am hedging it too. @abundance28,
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