Japan 225 IndexSingkat
Looking to short the market
By short the market, I mean to short the S&P500 and the Nikkei (JPN225).
Reasons for shorting these markets is alignment and the extreme overbought state it is in at the moment. This is not a bear market prediction, simply using the end of the December bull seasonality factor with alignment of the markets.
SP500 Short confluences:
All time high
Duplicate Trendline 2nd touch
Round number 4800
Nikkei Confluences:
All time high
Round number 34000
Using breach of first high to take the last high at the round number. I am also choosing this high as the HL formed makes the first high less likely to work therefore, because I want higher probability, I will take the high above.
Catch you later traders ▲
Reasons for shorting these markets is alignment and the extreme overbought state it is in at the moment. This is not a bear market prediction, simply using the end of the December bull seasonality factor with alignment of the markets.
SP500 Short confluences:
All time high
Duplicate Trendline 2nd touch
Round number 4800
Nikkei Confluences:
All time high
Round number 34000
Using breach of first high to take the last high at the round number. I am also choosing this high as the HL formed makes the first high less likely to work therefore, because I want higher probability, I will take the high above.
Catch you later traders ▲
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.