Waiting to enter SHORT at around 5630 Short

ASX:XJO240

S&P/ASX 200 IndexASX

Description

⋅ Apr 16, 2020 11:58 PM

if it is going this way, below 4000 is minium --- sounds scary, and it is with HIGH risk!

Comment

⋅ Apr 30, 2020 10:39 PM

would this week close below 5400?

Comment

⋅ May 22, 2020 4:27 AM

still re-test the previous resistance

Beyond Technical Analysis

Comments

CarpeDiemmm

⋅ Apr 22, 2020 10:38 PM

just one possible development based on the current chart, need to wait for confirmation

sambuttel

⋅ Apr 17, 2020 2:15 AM

What is your reasoning

Trendymanners

⋅ Apr 22, 2020 2:10 AM

@sambuttel, It's a bear market wedge, when you break down you go down by the same amount of the previous move down to the start of the corrective wedge. In this case that is pretty scary!