Short
US500 Index Bearish setup
Looks like 4200 first target (Tuesday?)
Gap down on Tuesday, followed up by more selling perhaps
Playable bounce at 4200 on 1h bear flag setup (15min chart), my guess its going to happen on Wednesday or early session Thursday.
Unless talks between Mr P. and Mr. B. goes South, Then Further Retracement to $3950 from 4300 level is given,
If the war brakes out during next 2 days, we may see sharp and quick decline to $3950
I currently hold short position from 4500 level and day trade/swing with UVXY
Gap down on Tuesday, followed up by more selling perhaps
Playable bounce at 4200 on 1h bear flag setup (15min chart), my guess its going to happen on Wednesday or early session Thursday.
Unless talks between Mr P. and Mr. B. goes South, Then Further Retracement to $3950 from 4300 level is given,
If the war brakes out during next 2 days, we may see sharp and quick decline to $3950
I currently hold short position from 4500 level and day trade/swing with UVXY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.