DislikedYes it was at 2518 and I moved it down. Price took too long to get there and the H1 200ma / H4 55ma moved down. Plus it also lined up with the M15 61.8 fibo and the H4 38.2 fibo as well as the falling channel resistance. Huge confluence. Perfect spot to short if there is one.
We're also seeing MacD Bearish divergence & Hidden Divergence across the board including RSX in overbought territory.
At the very least it should put up a fight. However, one never knows in thin markets. Don't be surprised if it pops.Ignored
Read Charts - Not Papers