Possible end of bull trap
If we’re in a bull trap there are a few levels it can end. We’re into the first zone now somewhere 5450 -5480.
A reversal from here could take us down to 4460. But bear risk is best to be kept limited into a small area. 5600 + are viable resistances if this one fails.
Read more here:
holeyprofitnewsletter.substack.com/p/if-this-was-a-bear-market-rally-chaos