SetNameAsJoe

SetNameAsJoe

PG just broke out of an upward channel on the daily. Last time it did this in October it dropped significantly before returning to the channel. If this is confirmed today with a close below the line, I think a reasonable short price target is 87 range. Could go with some further out, but I think 87 is a conservative short, especially with the SPY looking more...

SetNameAsJoe

I'M NOT A PROFESSIONAL, THIS IS NOT TRADING ADVICE. I think the market will remain bullish the rest of the week on this low volume. We are coming up on some heavy resistance around the 270 range and I think that is a good place to place shorts. That is where I will enter with a stop a bit higher. If it breaks this, then 281 retest of highs is a definite possibility.