We posted the short at 4600 however we covered at 4350 and then we reshorted at 4500. We are now observing a possible channel here - so we are watching 4265-4280 area as possible bounce area for dead cat bounce.
Lower highs, lower lows - watching this carefully as long as it holds 4265 there is a playable bounce into 9/26 and shortly thereafter and then sell probably resumes in October.
Lower highs, lower lows - watching this carefully as long as it holds 4265 there is a playable bounce into 9/26 and shortly thereafter and then sell probably resumes in October.
Trade active:
This has worked out perfectly so far reaching 4215 area before a deadcat bounce currently to 4400. Likely to start next leg down soon