Over bought on daily RSI, World/USA finance fundamentals, good retrace from lows to strong resistance line. was expecting a breakdown at 200 day so i think it is over extended at this point. expecting a similar market to 2008
plan: look for a entry intra day when at resistance, might wick above so watch closely and be patient.
-possibly take 25-50%% profits at first level (depending on market momentum)and look to add on retracements(if momentum is high just hold until lows)
High conviction (dont wreck yourself)
plan: look for a entry intra day when at resistance, might wick above so watch closely and be patient.
-possibly take 25-50%% profits at first level (depending on market momentum)and look to add on retracements(if momentum is high just hold until lows)
High conviction (dont wreck yourself)
Trade active
Filled AT 21.43. (Yes actually) ;)
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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.