$ETC- bounce at blue or yellow ?Hola folks,
corn looks ready for a correction possibly to 26400ish
still longing alts like a degen
this one got rejected from a key confluence of 200 ema and downtrend line on the weekly
so currently going back down to fuel up and attempt a break again
IF we do $40/42 should be our first impulse imo
got a spot bag but will look at leverage IF corn does visit 26400 from where i recon we make our final impulse up to 32895ish before it all comes crashing down
brain saying hedge your longs on alts with a short on corn but heart saying shorting ain't kosher ;)
buying a break of the yellow line above is a way better approach unlike me who has just hopped on in the middle