Looking at the daily chart u can see we have lower highs, and engulfing candle. Look closely u have 25 day rolling down bottom arrow. We also broke 50 day ma with vol. We have daily stoch heading down.
Also I explain this all time cannot go far in a car with out fuel same with market looking at vol, look u have more empty days then full more selling then buying
Lets look weekly chart see stoch rolling over once breaks that red dotted line 68% she will drop it to lower highs look that huge engulfing candle
Target is 74 or lower
Trailing stop in
Also I explain this all time cannot go far in a car with out fuel same with market looking at vol, look u have more empty days then full more selling then buying
Lets look weekly chart see stoch rolling over once breaks that red dotted line 68% she will drop it to lower highs look that huge engulfing candle
Target is 74 or lower
Trailing stop in
Trade active
Added to short into the 50 day Disclaimer
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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.
