Once we break past the black line (MA100) take profits here, should be a rebound, will up my stop loss to 2876.52 (just in case) and add more once we hit the MA50 (blue line) and show signs of rejection
ultimately you can just short the market here and let it ride if you dont want to trade actively but i do think a bounce could come whenever we consolidate under the MA100
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And add more once we hit the blue line* --> kind of not clear. What I mean is I will re short AFTER a bounce that runs into the MA50 (blue line) and gets rejected. ill update this idea for clarity, why not...
ohhh but when you see that MA100 cross above the MA50 while the candles are below both lines. The gates of Valhalla approach.
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Loosen up that stop loss, expecting a rally of unknown magnitude other than we are not going to a new ATH, probably fill the gap and then die. Can't start the bear market without one last bull trap :)
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Target now 2022.77
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Best case for bears:
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goddamn im good lmao
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the clout is strong with this one...bounce coming sewn, stay safe stay calm