Short ZSN2016 at 1030, Stop at 1057, Target at 982
Updated
ZSN2016 had an increadible run based on fundamentals during last 60 days. It has now reached an important resistance level and posted a reversal candle. The DXY seems to be reversing upside and that will also help the whole commodity complex, which seems overextended, start a correctionto the downside.
Trade closed: stop reached
Unfortunately ZSN2016 blew up through my stop loss and I closed the trade at 1060 with a loss of 30 c/bu.
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