Go short on turbo purple trendline break. There is nice, evident divergence on momentum indicator (built while RSI was in overbought area). We've got some missed daily and weekly pivots which shall be eventualy hit at some point plus possible evening star candle stick formation on the daily chart. OK, trying to pick a top here but profit potential might be worth taking a risk.
“I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.”
Paul Tudor Jones
“I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.”
Paul Tudor Jones