Trade setup for hedging against a bearish index
This setup is to work as a hedge against the possibility of a long-term bearish trend in the tech index. Recent price action has indicated that a possible trend change is about to happen. This is the beginning of a potential trade setup which can act not as a money-maker, but as a protection for money that is currently in the market and at risk of becoming lost investments. By placing a slight risk in this trade, it can help give some insurance for the possibility of stocks taking a bearish term for the near term and distant future.
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