I expected a break of the Resistance Trend line but with the rejection and drop I must change my bias.
Please don't try and buy here - We are likely to test 100 and possibly even break down.
This will be the third test of a horizontal support level - High probability of break down
Retail longs building since the drop - You want to trade in the opposite direction of Retail
Please don't try and buy here - We are likely to test 100 and possibly even break down.
This will be the third test of a horizontal support level - High probability of break down
Retail longs building since the drop - You want to trade in the opposite direction of Retail