FMG 3.61% $20.10 fortescue ltd

SHORT ATTACK in progresshigher open +6c got cut by 37cnow a...

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    SHORT ATTACK in progress
    higher open +6c got cut by 37c
    now a lower red candle with
    31c body 11c neck 1c tail
    near daily lows

    ChiX leading the INSTOs lower
    meaning some INSTOs gone SHORT

    Well looks like resistance is 23, support 22 now
    that 22.95 may well be the annual high
    IOP at 126 yet FMG SP SHORTED on a monday morning & 2 red camdles in a row at bi-annual highs
    a negative signal

    last 3 years early Jan was the annual.high
    expect shorts to attack the 22 & cut it to 20 now
    INSTOs look like they are joining the SHORT team

    i called months ago 22-23 tops, looks SPOT ON
    SELLZONE skimming programme going on here
    time to cash up or lose capital looks like

    SHORTS burning LONGS
 
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