Contracting Falt
This pattern looks like Contracting flat in Complex B wave , one can look for short selling in Futures once price rejected and confirm reversal on daily
Time frame
Its Going weak in Price action so buying is not advised , Look for short selling or Buy Options for this short move
Time frame
Its Going weak in Price action so buying is not advised , Look for short selling or Buy Options for this short move
Trade active
Note
so far from 194 to 164not bad nearly 24 % move in price , and 30 Points Gain in Future short sell Trade
Covering with trail stop form this price
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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.