TRADER323

TRADER323

Hedged position closed.. Short position closed.. Long position opened at 4400.. Key price area and price above.. Target 4440/4450 Stop loss tight at 4395 as price may dip further.. Xlk...aapl...vix needs to be monitored for further correction Aapl earnings end of month....fed talk this thurs..fed meeting next month.. Spx

TRADER323

1.Overall bearish sentiment 2.Selling pressure can be seen on chart 3. Strong resistance at 4550/4600 4. Price currently at support 4400 (poc/50ma) 5. If support breaks, target 4200 (prior low/high volume area) 6. If resistance breaks, target ATH Managing current short position at 4520. Decent profit taken, so we are managing purely profit. Hedged position...