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Kumowizard
Aug 13, 2015 1:12 PM

NAS100 4H - Thank you Perma Bulls! Short

US 100 IndexFXCM

Description

Thanks to perma bulls JBFD mentality, we had / still have a nice possible short entry signal at strong 4H bearish support.

Of course you can never be sure how strong bulls are, so place a stop at 4579. Initial tgt is 4455.

If you wanna size it up pater, bearish acceleration is expected below 4500, which is also a very important key level on daily chart.
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