Weekly engulfing candle at the top after hitting that trendline through the previous tops. That smells bearish to me. Crash is overdue. In 2007 it went down 40% or so. I see a potential of 20% over the next few months maybe. The market will show. the first target is 2860, the second one is 2700, 3rd is 2350. Potential is to 2100 or even lower if it crashes as 12 years ago. GOOD LUCK EVERYONE!
I am already short from 3002 for the second time this week. Will add on as it fall down.
I am already short from 3002 for the second time this week. Will add on as it fall down.