According to QVX momentum, we're SHORT.
Price is rejecting the 84336.96 resistance, which aligns with our SELL entry hint on a rally. I will scale into shorts near 84200–84300, with a hard stop above 84500 to cap risk at 0.4% of equity. First target is 83632.03 support; a clean break there opens 83000. RSI divergence and declining volume confirm waning upside momentum. The Nasdaq infrastructure news is long-term bullish but does not alter near-term positioning. Already in profit from yesterday, I am trailing stops to lock gains. 📉
Stay disciplined.
Price is rejecting the 84336.96 resistance, which aligns with our SELL entry hint on a rally. I will scale into shorts near 84200–84300, with a hard stop above 84500 to cap risk at 0.4% of equity. First target is 83632.03 support; a clean break there opens 83000. RSI divergence and declining volume confirm waning upside momentum. The Nasdaq infrastructure news is long-term bullish but does not alter near-term positioning. Already in profit from yesterday, I am trailing stops to lock gains. 📉
Stay disciplined.