I am going to actually call the top here from the 28360 area.
Комментарий:
Step 1: Sell signal
Комментарий:
There is still some upside momentum build here. I have not opened any positions yet.
Комментарий:
The short level on the one hour chart held as there was not enough momentum on Friday to carry us through. It was a short holiday type trading day so maybe on Monday momentum will carry us higher after we test our current trend. We have a great trading opportunity approaching regardless. If this trend holds over the next couple days we buy for the new all time high. If we break this level we can hop on for the quick sell off.
Комментарий:
Buy signal on the chart. If you were short this would be where to get out.
Комментарий:
Sell signal quickly materialized again. I think calling the top here was correct.
Комментарий:
Good place to take profit and wait to reenter.
Комментарий:
If you have not taken profit now is the time. I am watching this level today. If we close above we will switch to a buy most likely and I will make a new idea.