The index has moved up sharply, and as always, when over speeding, one may get a speeding ticket. :) anyway, on a serious note, we are quite overbought and above the Reg. Channel a bit. This means over time we may see a pullback, which can bring us to lower 99.00s.
Strategy SELL @ 100.00-100.40 and take profit near 99.07 for now.
Strategy SELL @ 100.00-100.40 and take profit near 99.07 for now.
Trade closed: target reached
very quick target reached.
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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.