We can see that after taking the previous ATH the index broke the bullish Imbalance with bearish Imbalance wich to me is a sign of weakness in price action.
So if the price trades back into a prenium (above 50%) and that we have a 1 hour bearish structure i would be interested to take a short with the weekly Fair Value Gap as final target.
So if the price trades back into a prenium (above 50%) and that we have a 1 hour bearish structure i would be interested to take a short with the weekly Fair Value Gap as final target.