Market conditions change frequently, and right now it looks like short term looks bearish. After the breakdown of 10250, we should be heading to 9800. Might be some liquidity hunts along the way. Chance for 10250+ retest which can be used to short.
Otherwise should be dropping a couple hundred points.
Just my current thoughts.
Otherwise should be dropping a couple hundred points.
Just my current thoughts.
Note
Also looks like mainly spoofing & ignition to get short fills.Note
Looks like this, though mid term bearish still. Falling wedge also probably will break down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.