I have done a short term volume profile analysis with support and resistance levels. Market is at long term trendline as well. I Expect a small bounce and some grinding for a week or so fighting the long term trendline.
Personally I think it will crash through the trendline after a week of grinding, but will watch closely and make short term trades
Personally I think it will crash through the trendline after a week of grinding, but will watch closely and make short term trades
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Wow! I expected the crash but not this magnitude. Orange painted the market Red! LOL. I had some 20% holding but cash out 100% once it breached the trendline. Next support comes at 4600. and then at 4100. Safe trading
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