Note that this kind of technical analysis provides information on "how things are more likely to happen," not "what will definitely happen this way." Everything is constantly evolving. For example, if the US stock market opens tomorrow and ETFs see increased inflows, it could push the rebound further upward. Therefore, never assume "it's definitely going to fall" and "immediately open a high-leverage short position" based on this. Technical analysis only increases the probability of winning in a naked gamble from 50% to 60-70%, not 90%. Remember that!