All roads lead to SHORT it DOWN !

17 Nis 2021

There are now to much BEARISH SIGNS ... "Shoulder-Head-Shoulder", "Bear flag", "Bearish Crossing of EMA25 and EMA50" and maybe an "Evening star", what we will see on Monday! In addition buyers volume went down, daily RSI point to the down side and Stochastic RSI is in overbought area! The same situation we had in April/May 2019 (take a look there)!

17 Nis 2021

Not

The banks reported: -5430 "Longs" and +13617 "Shorts"!

18 Nis 2021

Not

"Bloody Monday" for bulls ahead!

20 Nis 2021

Not

First target $62 !

20 Nis 2021

Not

Now a "BEARISH ENGULFING PATTERN" has formed! Downward trend confirmed !

20 Nis 2021

Not

By the way, after "LEFT SHOULDER" and "HEAD" now we've the "RIGHT SHOULDER" at exactly the same level like the left one! And all ended with a "BEARISH ENGULFING PATTERN" which was the last step for the TREND REVERSAL to the DOWNSIDE ... $52 ahead!