Hello everyone! Do you see what I see? Haiya! not sure if the overnight fed news probably injected more booze; the Index seems continues to hangover and not gonna sober anytime soon.
4h chart Price movement - Bearish MACD Signal indicator : Bearish
D chart no sign for bullish, the reversal seems not happening that soon.
To gain some pocket money, from chart we do not go against the trend. Same old strategy - sell into resistance today. Be cautious if the reversal happens this week, tomorrow is the end of the week.
As of writing, the index loss around 250++pips ; down around 1.45% this week. See W chart:
Happy trading everyone and the Santa actually is there always, you can long/short for the 🎄 📦.
Let's be cautious to protect our capital unconditionally while monitoring the movement let's Zen with 📙 & 🍵!