Downward channel appearing between green and red line, shorting.
Take some profit when we hit the green support line and move the stop loss to the red resistance line .
If the green support line does not hold we could fall to 20K next month and will be in a excellent position.
Been shorting since 30,500 expected it to retrace to 25K this month.
Have take some profit at 29K however hoping that the relief rally may turn into a new low
National Grid Been in a solid uptrend for Many years .
Strong Support on the Green line (great entry point) and resistance on the red line (sell)
Just about to turn Green on the Monthly MACD .
Long target 1300 in the coming months.
Retail market is running out of steam , might be one more leg up to 33K ish
The rescission is coming and FED's money printer is not going to save us this time .
Shorting Stock and Crypto looking for lower lows.
