For now short.
2000 is key support (200d ema + 6-year cone support)
It may take more than one attempt to decisively break the 6 year cone and the 200d ema.
Week 9/14 of Mar15 - I would take profit on all my shorts at 2000 if provided.
From 2000, a rebound could lead to 2080/2100 3 week later. Around the 10th of April, I would go short potentially with options to gain maximum leverage over a ~200pts / 1 month move down.
It takes time to properly derail a bullet train - 1 Year in that case if this path is correct - With a cumulative extra 7% upside feeding through on successive tops (from Sep14 to Sep15).
2000 is key support (200d ema + 6-year cone support)
It may take more than one attempt to decisively break the 6 year cone and the 200d ema.
Week 9/14 of Mar15 - I would take profit on all my shorts at 2000 if provided.
From 2000, a rebound could lead to 2080/2100 3 week later. Around the 10th of April, I would go short potentially with options to gain maximum leverage over a ~200pts / 1 month move down.
It takes time to properly derail a bullet train - 1 Year in that case if this path is correct - With a cumulative extra 7% upside feeding through on successive tops (from Sep14 to Sep15).
