Short

Shorting the overbought reversal

Updated

A little bit of conflict here. Closed out my long at 8260. MarketDecryptor had printed a red triangle (a local top) and I've entered a short. My only concern is the bullish divergence that's now formed on the 1D. Hopefully, this short will play out before the bull div does.

Note

Not enjoying DCA'ing this. That bullish div on the 1D is strong.

Trade closed: stop reached

Had DCA'd up to 8255, and was stopped out at 8316. Those were whiplash candles :)

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