a contrarian defensive play
selling utilities has proven futile after the rotation in risk off assets recently.
what the sequence and ttm as well as supertrend and trama all indicate is a continuation pattern daily.
you could really play either side of this, but the risk reward may be proportioned better long. i would stop out if we fall through this channel and complete bear sequence.
what the sequence and ttm as well as supertrend and trama all indicate is a continuation pattern daily.
you could really play either side of this, but the risk reward may be proportioned better long. i would stop out if we fall through this channel and complete bear sequence.
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