moment of truth for FET coming very soon to determine the future

FET behaved weaker than expected before (see dimmed trendline drawn before)
it also wicked out below major support, which is not great, though not too horrible either.
It adds to weakness -- strong selloffs, followed by weak rallies
Either way, we approach a crucial short term trendline. Breakout and we can expect more growth short term for the weeks ahead. Followed by another major decision point.
If we go down, we can break down lower.
Not trading this for now until I see strength. Neutral.
it also wicked out below major support, which is not great, though not too horrible either.
It adds to weakness -- strong selloffs, followed by weak rallies
Either way, we approach a crucial short term trendline. Breakout and we can expect more growth short term for the weeks ahead. Followed by another major decision point.
If we go down, we can break down lower.
Not trading this for now until I see strength. Neutral.
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免責聲明
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