Bearish on the Russel
looks kind of toppy to me
love that if it goes back to the bottom of the range if so it falls 31.2% a fib number
Not advice - just for educational purposes
Oh there are next to no bears left out there out in the cold just feels like me!
you will need to count 5 small impulse waves down from this level before you could justify putting on shorts unless you are bit early as bull blow off moves go further than anyone of our time can know
Look for volume to pick up on down days
Surprises come to the downside if the market turns bearish
if it moves roughly 32% down then there should be some nice bear equities in that index to feast short on as more bears come out of hibernation, and they will be very hungry!
However the counter side is that companies have put in their best profits in for like the past 25 years so don't rule out bull continuation.
looks kind of toppy to me
love that if it goes back to the bottom of the range if so it falls 31.2% a fib number
Not advice - just for educational purposes
Oh there are next to no bears left out there out in the cold just feels like me!
you will need to count 5 small impulse waves down from this level before you could justify putting on shorts unless you are bit early as bull blow off moves go further than anyone of our time can know
Look for volume to pick up on down days
Surprises come to the downside if the market turns bearish
if it moves roughly 32% down then there should be some nice bear equities in that index to feast short on as more bears come out of hibernation, and they will be very hungry!
However the counter side is that companies have put in their best profits in for like the past 25 years so don't rule out bull continuation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.