No change in view.
The market remains over extended and had perhaps tiny corrective action from highs. Pattern seems stalling now, and feel comfortable about the sell strategy. The strategy is medium-term and this requires always small leveraging to succeed.
For now, for new positions SELL @ 130.00-130.50 and add above 131.20. For existing shorts, add above 131.50 when seen.
Take-back orders (this relates to your own positioning of course)
35% @ 128.30
30% @ 126.97
Balance @ 125.27 for now.
I may re-sell positions depending to the situation, and will update when it happens.
The market remains over extended and had perhaps tiny corrective action from highs. Pattern seems stalling now, and feel comfortable about the sell strategy. The strategy is medium-term and this requires always small leveraging to succeed.
For now, for new positions SELL @ 130.00-130.50 and add above 131.20. For existing shorts, add above 131.50 when seen.
Take-back orders (this relates to your own positioning of course)
35% @ 128.30
30% @ 126.97
Balance @ 125.27 for now.
I may re-sell positions depending to the situation, and will update when it happens.
Note
changing first profit order 35% @ 128.07 for now. rest unchanged.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.