No change in view.
The correction will start any time, is my personal view. I know there are ideas floating around saying first 130.50 and then down, and who knows they are right. However, I position myself short and I feel comfortable in being that way.
The new positions SELL current 128.30-128.80 and add above 129.00. Existing positions and new positions take back as follows:
30% @ 127.65
30% @ 126.17
Balance @ 122.78 for now.
The correction will start any time, is my personal view. I know there are ideas floating around saying first 130.50 and then down, and who knows they are right. However, I position myself short and I feel comfortable in being that way.
The new positions SELL current 128.30-128.80 and add above 129.00. Existing positions and new positions take back as follows:
30% @ 127.65
30% @ 126.17
Balance @ 122.78 for now.
Note
correction take back orders:30%@ 127.03
30% @ 126.17
Balance @ 122.78.
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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.