SHORT SXP

in zzanlast year

Didnt get fill for the limit order at 0.94 , reached the high of 0.9392 and it sell off.

Thought it may retest the SR level near 0.87 and want to move the short order around there but it lack strength after testing 0.84. Move down ~17.2% , bounce 9% then move down another 14.2%

Next,
On daily, likely to test MA around 0.66 and may retest SR around 0.81. Look to short again when it try to retest 0.81 area before weekly close.

On weekly, looks like a shooting star. Wait for next week price action to find weakness to short around 0.7.

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