Strong intraday Volume
Retest of previous high
Consolidation at the high
Strong Bearish price action
Retest of previous high
Consolidation at the high
Strong Bearish price action
Note
Scaling into this setup. Stop above 16900Note
For some reason, U.S. spending is still high even though manufacturing jobs are being cut.41,000 Californians filed unemployment claims this month.
I'm not buying it lol
17000 may be the peak but I'm expecting a 10%+ correction.
Note
Hold steady here.Don't over do it.
Be prepared for late year consolidation or high volatility.
Trade closed: target reached
Target reached! Great job
Take profits
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.