SPXS Short after Unusual Volume and Hitting Resistance
High volume and long wicks on 11 October indicate that the trend might reverse anytime soon.
After a second push upwards and hitting a resistance at around the 27 mark the trend is showing weakness. This can be seen by a long candle body with regular volume.
Short at 27. TP at 25.5
After a second push upwards and hitting a resistance at around the 27 mark the trend is showing weakness. This can be seen by a long candle body with regular volume.
Short at 27. TP at 25.5