There seems to be a bounce play here, with a safe exit labeled above.
I believe this may see lower as for the first time ever the weekly cloud has turned. FANG stocks are in trouble.
We have bullish indicators everywhere, with momentum pushing slightly bullish.
Its easy to have a tight stop loss right below the 160 area, or just lower low from this dip to reduce risk.
Happy trading, debating and speculating.
Be sure to FOLLOW for updates and check out my other charts for amazing calls.
I believe this may see lower as for the first time ever the weekly cloud has turned. FANG stocks are in trouble.
We have bullish indicators everywhere, with momentum pushing slightly bullish.
Its easy to have a tight stop loss right below the 160 area, or just lower low from this dip to reduce risk.
Happy trading, debating and speculating.
Be sure to FOLLOW for updates and check out my other charts for amazing calls.
