Futures looking to form a diamond bottom
What a few weeks of wild price action.
It looks like we may be forming a diamond bottom. I would be looking for a relief rally to come on with fear at an all time high and retail buying record number of puts.
Long term I am more bearish.
Yellow lines represent support and resistance zones.
Just my opinions.
good luck out there!
It looks like we may be forming a diamond bottom. I would be looking for a relief rally to come on with fear at an all time high and retail buying record number of puts.
Long term I am more bearish.
Yellow lines represent support and resistance zones.
Just my opinions.
good luck out there!
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.