fmkatz

US100 Short Opportunity

Short
Despite Stimulus beliefs which seem to be already pricing in I think the divergence on Daily Chart to SMA 200 is showing us the need for a little to medium correction. In fact if you look at the shrinking gap between dips and highs before this could be interpreted as sign for something bigger coming but vice versa. That a correction whatsoever is overdue I am sure, I just can't determine the size, so I pictured two possible short positions.
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