Futures looking to form a diamond bottom
What a few weeks of wild price action.
It looks like we may be forming a diamond bottom. I would be looking for a relief rally to come on with fear at an all time high and retail buying record number of puts.
Long term I am more bearish.
Yellow lines represent support and resistance zones.
Just my opinions.
good luck out there!
It looks like we may be forming a diamond bottom. I would be looking for a relief rally to come on with fear at an all time high and retail buying record number of puts.
Long term I am more bearish.
Yellow lines represent support and resistance zones.
Just my opinions.
good luck out there!
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