QVX trend filter just flipped to SHORT.
Price is mid-range at 82968.61, so I am not chasing here. I want a rally into 84352.0 resistance to initiate the short, with a stop above 84600.0 to cap risk near 250 points. First target is 82476.0 support; a clean break there opens the next leg down. Position size stays modest given the earlier stop-out. The Citrini report is a sentiment overlay, not my trigger. QVX flipped short before the headline, and I trade the signal, not the narrative. 📉
Price is mid-range at 82968.61, so I am not chasing here. I want a rally into 84352.0 resistance to initiate the short, with a stop above 84600.0 to cap risk near 250 points. First target is 82476.0 support; a clean break there opens the next leg down. Position size stays modest given the earlier stop-out. The Citrini report is a sentiment overlay, not my trigger. QVX flipped short before the headline, and I trade the signal, not the narrative. 📉