Description
⋅ Can short starters then add on lower highs
Comment
⋅ - Lots of selling pressure near previous all time highs at $340. Above $345 will cut and reassess
- $300 key support & psychological level + 200 daily ema will be an important level to watch
Comment
⋅ Short term trendbreak on the daily. Added starters on SPXS on friday. Will add to full size once $300 and 200 ema confirms as resistance. Comment
⋅ Cut the starters. Will reassess as price develops in the upcoming week
Comment
⋅ Price is still trendline above 9 MA on both weekly, monthly timeframe. Until price confirms below sitting on sideline