Hate to see a divergence forming on the recent highs. Usually this indicates that upmove momentum is exhausted, but this time I decided to go long anyways.
Investors will move up to stocks as they are currently the most atractive investement. I don´t see many reasons for sharp downfall but my SL is tight as always.
-Italy problem with euro and new government seems to be ok
- Nasdaq does not follow Crude Oil as much as S&P5OO so the potential continuation on downstream will not hurt
- more reasons hidden in TA
Stay lit
Investors will move up to stocks as they are currently the most atractive investement. I don´t see many reasons for sharp downfall but my SL is tight as always.
-Italy problem with euro and new government seems to be ok
- Nasdaq does not follow Crude Oil as much as S&P5OO so the potential continuation on downstream will not hurt
- more reasons hidden in TA
Stay lit
Trade closed: target reached:
Closing positon. Taking it to strib bar. Stay positive.