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Sapphira
Sep 18, 2018 11:36 AM

US30 potential short Short

Index of top 30 shares on Wall StreetFXCM

Description

Price has remained within the channel and is moving sideways with bearish divergence. It has recently formed a smaller declining channel. I am watching for a fall to test the lower trend line around the .618 retracement level.
Comments
DaddySawbucks
Concur. H&S over past week, decliing volumes, the surge in futures today a bull trap- looks exactly like 13-14 June before the break. Expect a shooting star today.
Sapphira
@DaddySawbucks, Thank you for your support. Should be an interesting day.
DaddySawbucks
@Sapphira, Indeed. Proceed with caution!
DaddySawbucks
@Sapphira, The beast wakes I fear we going to new highs. Who knows? Cost me a bundle to bet against it.
Sapphira
@DaddySawbucks, The beast for sure could melt up again. Approaching such an interesting level. So curious to see where it goes.
DaddySawbucks
@Sapphira, It will melt up now. Buying frenzy at the end of (5)(V)(v). Betting against it was a mistake.
bcorc001
@DaddySawbucks, Nice call on the daily candle. Tomorrow could be interesting.
DaddySawbucks
@bcorc001, Not a shooter its a bull candle this monster is waking up. Expect 3 more days of insanity.
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