On Cron we pulled back and rejected the 61.8% fib level, weekly support(blue) and 100SMA. Now that we broke the CTL and rejected it we are going long.
My arrows are purely for educational and visual representation of how i would like the trade to play out for executions. I have no interested in continuing to sell the majors against the USD as we are already so low!!
It worries me that she still trades below the 50MA. When SPY topps out soon, we'll probably see most stocks close the gaps down. There were so many of them gapping up, last week. I think we need to be careful, I think the worst is still to come. But then again, cannabis has the ability to disrupt the market. Just seems broader industry volume is too low atm...
Good luck to you, sir :-)
CharlieRodriguez
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@Barkworth, we had a nice push up today lets see if we fly to the moon now.
Barkworth
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@CharlieRodriguez, Indeed. I was thinking about you, yesterday. Well done, man!
DACapitalTrading
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nice chart i like it! Following you now :) Leave us a like on our profile aswell mate!
Good luck to you, sir :-)