DJI - short the dead cat bounce!

٢٨ يناير ٢٠١٩

This dead cat bounce looks to have played itself out. We've got declining weekly volume, 4h and 1D Godmode are topped out. Bearish RSI and GM divergence on 1D too. 4H RSI bear div as well . I'll be watching the action at open and either shorting immediately or waiting for another test of the 200 day moving average or 25k. Stop initially above 100-MA.
Targetting 20k support, which coincides with a fib and historic trendline.