You Can Draw the Lines Anyway You Want - IMO Looking to Short It
I have no idea if price action is going to take the index higher but I will be looking to short this action based on how it bounced off the low. When you have this quick of a recovery I would naturally want to take some profits at this point which means others are thinking the same. I would like to see a trigger form before making the play. This is a simple set-up, not too many moving parts. Just looking for a place and a trigger to short it.
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