Bulls try to do their best to protect 1840 key support! The low reading of Stochastic
might help them, there is some chance we can see a correction from here towards 1860. If that happens I would defenately use is for exitting all remaining longs and build short positions further. New signals that are confirming the bearish
reversal on 4 Hrs: Chikou Span dropped below the Kumo, Kijun dropped below the Kumo, Future Kumo is clearly bearsih and Senkou A started to point down. Strategy is same as before: Sell either the retest pulbback ard
1855-1860, or if not reached then sell the next cross down of Slow Stoch
. or the break of 1840. On pop ups option strategy is to buy 1840 / 1790 Put spreads for May exp
. date. Initial Stop is 1876 for now.