It feels this rally( short squeeze ) is getting exhausted. Bearish divergence of 4H Rsi as well.
Would start a small short and add more if it goes at 2900.
Optimistic PE @ 20 with 100 Earning puts this at 2000. It might be a good value to buy at those levels.
Would start a small short and add more if it goes at 2900.
Optimistic PE @ 20 with 100 Earning puts this at 2000. It might be a good value to buy at those levels.