Macds are reversed to red & crossing 0.00 next 2 daysrsi collapsedanother red engulfing candlecandle pattern screams bearish50dma is at 21.38shorts target is 20-22 area looks likeThat triple fail to break the 100dma at 27 was the telldont know about lows to 15 again but anything is possible, cant call that yet imhowait for the TA & reversal candlesNowhere in sight nowtradimg rule 6Never buy it going down, you dont know how low it will goBuy on the way back up.in a defined up trendi warned the market can be illogical longer than you can stay liquid.touché.
(20min delay)