Pretty confident this is a great opportunity to short Meta. Daily RSI is looking exhausted, just reached a heavy resistance area coupled with higher sell volume than buy volume the past few days.
I expect a move down to $265, there i would reevaluate the chart. However you see the path i am bias on above. However, it could go to $265 and further push toward all-time highs but would need to see that reaction in real time.
My main play here is down to $265 and reevaluate if we get there.
I expect a move down to $265, there i would reevaluate the chart. However you see the path i am bias on above. However, it could go to $265 and further push toward all-time highs but would need to see that reaction in real time.
My main play here is down to $265 and reevaluate if we get there.
Yorum:
I would like to see the market structure break on the daily here. However, i still think this is going according to plan.
Yorum:
No change, looking for this 2 hour trend to break. Still believe we see sub 300 here soon.
Yorum:
$275 was taken out. A short term bounce from that level has been reasonable. I still expect this to play downward. A bounce to $300 would not shock me before that.
Yorum:
No change
Yorum:
I still like this for lower, looks exhausted imo.
Yorum:
Interested in how this week closes. At resistance, aint gonna overreact here. Play the chart.
Markets could be sniffing the return of QE and a fed pivot with whats going on in the middle east. Need to be quick to cut short biases if so.
Markets could be sniffing the return of QE and a fed pivot with whats going on in the middle east. Need to be quick to cut short biases if so.