Nice correction, maybe reversal later, but watch out haDelta!

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Weekly:
- Ichimoku setup is still bullish with lower support around 9,00 and 8,80.
- Heikin Ashi shows a correction has started this week. This correction may extend to 9,00 +/- area in coming weeks

Daily:
- Looks like a trend break. Also looks like a possible bearish reversal is taking place and firming BUT...
- ... but Ichimoku setup is still just neutral, with Price in the Kumo. Even if Price makes an initial attempt to break lower, that will be likely followed by a spike back to Kumo. Or the other case is that the momentum starts to slow down a bit here ard 9,10-9,20 area, we see a pull back up to 9,30-9,40 supp/res, then on next try it breaks below 9,15 and tgts 9,00.
- Watch out for smoothed haDelta! It has made an extreme low., and it has a negative divergence compared to price. This strong bearish momentum is not sustainable short term. Maybe reduce, hedge some of your counter shorts, or sell short dated (2 weeks) covered puts @ 9,00 or 9,05 strike to pick up some extra premium.

I think most likely we will see some consolidation here ard 100 day WMA and Kumo. ether it happens with a dip and spike back, or with a correction up and a break down later is a question, but maybe second scenario has higher probability gvn haDelta location. Anyway, I'd keep some shorts, or would sell on spikes still.
So my bias is still counter bearish, but there are some signals to be careful here with the momentum.

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