TSX high volume + High risk short

starexplorer Updated   
TSX:TSX   S&P/TSX Composite Index
Daily high volume at the top of the resistance line
Not high volume on break of resistance line

Trend still bounce between support and resistance lines
However oil is super strong which could be bullish for TSX
Fed decision this coming Wednesday

High risk: Short to support line

or wait to evaluate next week

Trade active:
Already took short positions last Friday
Trade closed: target reached:
Took profits at support trendline.
Thinking it will break as US10Y broke its October 2022 high.

Playing safe until seeing evidence of a trendline break
Direction down because US10Y

Entry1 19 900
Entry2 20 200 at gap
TP1 at 50 month EMA
TP2 Technical price target bear flag
TP2: 100 month EMA + SMA + Bottom monthly green ichimoku cloud
Break of trendline
Potential double bottom.
Let's see how the week closes


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