Markets are weak. I sold RTY
I sold Russell at 2248. The markets look real weak, more than I see in just a few years. My friend HK_L61 has real good material on her page. check it out. So smart and has so much information.
My opinion, if RTY and more specific M2KZ2021 break below 2213-2215 then markets headed for real big problems. And big profit for me. Of course use good risk management and stop loss. Inflation still concerning in spite for today's news. See how Fed reacts.
My dynamic MA moving down. I will get a entry trigger this hour, so I decide to get head start, with safety. volatility maybe to get very crazy. Buying VIX maybe not a bad idea either.
support for sell:
dynamic moving average falling.
Price repeated rejecting by 20 MA.
Daily trend down, and I see good reason we will just about make a lower low on daily. If so, watch out below!
yesterday lowest volume on 3 month period on Russell.
My opinion, if RTY and more specific M2KZ2021 break below 2213-2215 then markets headed for real big problems. And big profit for me. Of course use good risk management and stop loss. Inflation still concerning in spite for today's news. See how Fed reacts.
My dynamic MA moving down. I will get a entry trigger this hour, so I decide to get head start, with safety. volatility maybe to get very crazy. Buying VIX maybe not a bad idea either.
support for sell:
dynamic moving average falling.
Price repeated rejecting by 20 MA.
Daily trend down, and I see good reason we will just about make a lower low on daily. If so, watch out below!
yesterday lowest volume on 3 month period on Russell.
Trade closed manually:
i exit completely my position for good profit. I hope now I didn't to soon exit. It looks like bulls are weaking. We shall see.