At the end of the day probability must be your friend to be successful. Yes we are at critical support. Both here and on QQQ. Normally I wouldn’t take a short here but looking at mid October puts will give to fill the most recent gap and will help offset some risk with any mid range shenanigans. Weekly Macd. Go ahead and look at any ticker multiple bounces off the...
Should be an easy short. We need a break of the trend line but I expect some level of ranging. We almost never get a dump into key levels without a little bit of chop. With the 4hour MACD about to cross down I would expect we retouch and bounce of critical 1k support. From there at the minimum I would imagine we retouch the previous lows. Lord knows she loves a retest