Risk seems to be peaking, and Risk/Reward is now well within acceptable ranges with SL1 , SL2, and SL3 positioned wisely.
Going into the autumn seasons when traders return, recession calls growing ever louder, trade / tariff tensions rising, war hawks calling more strongly when global growth is waning... this is a cocktail for 25% to 40% equity corrections.
SL1 = 26500
SL2 = 27100
SL3 = 27600
TP1 = 24700
TP2 = 21900
TP3 = 20600
Bearish divergence on RSI on weekly
Moving Average perspective is negative.