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Bear have more of a case here (But only with a small area of risk).

We’ve not seen anything notable bearish of late but we are now getting back into the sort of zone where we’d be likely to see bears if it is indeed the case we’re in a shallow bull trap on a weekly/monthly chart. Bears have not yet broken (And they might not) - but this is a time to be aware of the risks and where there’s again reasonable odds betting on a big bear move.

Real further analysis and actionable break levels here. Bear break contingency plans - by HoleyProfit (substack.com)

​

TLDR: Short 4160. Stop 4179.

Trail stops on longs to protect profits.



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