There is hardly any selling pressure today as we near our 61.8% retrace off of a downward wedge that's been consolidating throughout the past 2 weeks. I would wait until we hit at LEAST 1737.00 to short this market. There seems to be no sign of major selling pressure as of yet.
This is just my opinion of the market, this is not financial advice of any kind. Enter at your own risk.
This is just my opinion of the market, this is not financial advice of any kind. Enter at your own risk.
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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.