The 4H position on the AUS200, could be an advantagious exploit for a controlled affordable loss. 1 - The Aussies tend to follow the DJI and USTech 100. 2 - But there is usually a time lag of between 30 mins and 2 hours. 3 - The DJI did a major leg down but the Aussies barley flinched after a major bull run yesterday. I've seen it many times, where they catch...
lookin' like we have hit our smaller continuation diamond target but not yet reached the 10.6k range to hit our larger diamond top target yet. We can see price is currently finding support exactly on the 2hr 200ma. Recently had a 1hr deathcross and that coupled with the ETF delay FUD is probably just enough of an excuse to send prices back down...our 3 day 50ma...
Technical Analysis: - Support: 4.92; 5.47 - Resistance: 5.71; 5.96; 6.30 I would recommend a SL: 5.96 and a TP: 3.52 - MACD: Short - RSI: Short - Momentum: Short - OBV: Short Fundamental Analysis: Head Line: "CBD-Infused Beverages, Delayed Indefinitely" "It is unlawful under the FD&C Act to introduce food containing added CBD or THC into...