Description
⋅ So far above the 200 MDA... 50MDA will serve as first support IMO. When the waterfall cascades, 200MDA should hold.
Comment
⋅ Was expecting double top but persistent weakness seems to resist advance above this range; in SDOW.
Trade active
⋅ It begins... in SDOW
Trade closed manually
⋅ Closed all as it might bounce, bear action weaker on Weds
Comment
⋅ Hmm futurz trading down to 20MDA, break below --> Bear
Comment
⋅ IMO a bigger bear move is coming, test the 50DMA. See more recent posts!