Bearish Gartley in US Equities: Much Lower Soon?!
Price fooling around at the 0.786. Not shown here but notable is the declining volume in advancers at this price.
OFC the nutty market can fool us again but going long here would be a low reward position IMO.
Not investing advice; trade at ur own risk; GLTA!
OFC the nutty market can fool us again but going long here would be a low reward position IMO.
Not investing advice; trade at ur own risk; GLTA!
Note
FYI, Gartley defined: forex.com/en-us/education/education-themes/technical-analysis/bearish-gartley-pattern/Trade active
ShortingTrade active
Closed the shorts, re-entered, closed again. Probably still too early to go whole-hog yet IMOJune Swoon Soon?!
Trade active
Re-entering shorts in bear spreads 11 Jun vs 28 May, $4 spreads
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