Hi traders,
Sell on US100... Why?
1. Divergence on the 4 hour.
2. Strong fake out rejection on the 4 hour.
3. Big fakeout rejection to the upside on the 4 hour.
4. Broke the last low on the 1 hour.
US100 could possibly do a small stop hunt to the upside before dropping further down.
Let's anticipate!
What do you think of this analyses?
Let me know!
Have a nice trading day all!