STI $ES3 short
Green 6 on the hourly small break upwards, given that other markets hourly candles such as Nikkei and SHCOMP are already beyond a green 9 on the hourly it signifies trend exhaustion and a red day is expected real soon. Macro view still remains very weak and as such might be a deadcat although a real bounce is not discounted.
Actionables:
1) Take profit & do not chase
2) Stay out and wait for a Green 2 above a Green 1
Stay safe.
Actionables:
1) Take profit & do not chase
2) Stay out and wait for a Green 2 above a Green 1
Stay safe.
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