Description
⋅ look for a 30 day bleed out - deflating bull volume - rising wedge - Diamond Top structure - cheap oil/gas - market uncertainty and EoY selloff
Comment
⋅ abandon baby on the 1W - star in the sky doji - sparing a Christmas Miracle this is coming back down to sub $300
Comment
⋅ broke above the resistance line - still at risk to leave a shooting star up there... volume remains weak so any price gains are precarious
Trade active
⋅ paired shooting stars up there - short positions opened above 370 will be easy money through to EoY
Trade active
⋅ hold onto the shorts, close at $260
Comment
⋅ closed shorts
going long on $245
Comment
⋅ waited out the position entry - 196
Comment
⋅ long from 196 to 303, interim stops for profit 233, 265