short 37.50
stop 40.25
EDIT: added to short position at 37.75
EDIT: raised stop to 41 flat
EDIT: raised stop to 43 flat - 13:35 ETime
playing with fire here
betting on firm resistance at around 40 level
Ditto!
I also read that COT is often a good indication of where markets are headed (positively correlated).
Upon actually checking it out myself, the correlation seemed to be negative.