Get started
Edogawa89

$VWO Short setup

Short
Vanguard FTSE Emerging Markets ETF (AMEX:VWO)  
Edogawa89 Updated   
AMEX:VWO   Vanguard FTSE Emerging Markets ETF
Trend Lines Pivot Points Moving Averages sma50 resistancerejection shortsetup short
3
5
trendline pivotpoints movingaverage sma50 resistancerejection shortsetup short
The sma50 acting as dynamic resistance in this downtrend, looks like a good spot to start a short with 2 atr (14) as stop on close.
Comment:
Tested and rejected at the sma50 yesterday.
Comment:
Tested the sma50 and failing, open gap down today to $42.40, still short from $43.80
Comment:
Another gap down to $41.82
Comment:
Emerging markets ugly.
Another gap down to $40.60
Trade closed manually:
$41.90 out
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.