A meaningful sell of is imminent. Anchored Fib suggests that the target zone to the downside is 26-2500. Huge Elliott Wave and fib resistance near the highs... Momentum has a bearish divergence (MACD, RSI, etc.). Good time to short options with a stop over the highs and let it ride. Looking for 61.8-78.6 retracement of previous swing up - and then long from that level because the markets will rip higher.
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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.