This is at ATH - making it the nest index in the world right now.
However, we're spiking into a 161 and this is where we always should be most aware of risk.
I don't have a lot of liquidity for this on my brokers, it's just a post for testing the 161 theory again.
Market should reverse close to 161 If not, close to 220 (Stop out and limit in higher). It 220 is broken, the bear setup has failed.
See example in DJI of a 161 top.
However, we're spiking into a 161 and this is where we always should be most aware of risk.
I don't have a lot of liquidity for this on my brokers, it's just a post for testing the 161 theory again.
Market should reverse close to 161 If not, close to 220 (Stop out and limit in higher). It 220 is broken, the bear setup has failed.
See example in DJI of a 161 top.
