NAS100: Short term long while shorts unwind
Updated
We can get long NAS100 here, and exit at the resistance level above: 4733
It's highly probable to have a pullback today, before the downtrend resumes its pace.
Vix is giving a buy signal here, watch all quality stocks against earnings support after the market opens.
Stop by the Key Hidden Levels chatroom if you want to learn more about this.
I'm holding my SPX short position during the retracement.
Good luck!
Ivan Labrie.
It's highly probable to have a pullback today, before the downtrend resumes its pace.
Vix is giving a buy signal here, watch all quality stocks against earnings support after the market opens.
Stop by the Key Hidden Levels chatroom if you want to learn more about this.
I'm holding my SPX short position during the retracement.
Good luck!
Ivan Labrie.
Note
Trail the stop to 4696Trade closed manually
I'm trailed out.Note
Last: 4710Trade active
I reentered the long here, stop is now 56 points lower.Note
4735-4679Trade closed manually
Out for -0.1%Trade active
Back in the long, stop is now 4722, entry 4742Trade closed manually
Took profits for now, will reenter if safe.Note
Note
Had reentered at 4804 and booked it again today.
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