ER2 has topped?

Added to my short at 779. Stop at 786.50 on both tranches (774+779).

Rates beginning to back up, oil rising, copper breaking through resistance on LME and COMEX.
 
Covered yesterdays 774 short at B/E.

Now left with my earlier short @779 and have lowered it's stop to B/E.

View remains unchanged, just some position management.
 
Quote from lolo24ca:

but i don't know if the 771.50 level will be broken today

it's also the daily support (s1)
Someone got to trigger those truck loads of stop orders sitting around at 771.00 or so.
 
"Dealer", you have done well with your short -you should not be greedy. Look to take profits soon and GO LONG!

You may see a dip to 755 but that IS THE LIMIT TO THE DOWNSIDE! The selloff will run it's course by Wednesday lunchtime.

Look for a rally on Wed pm - Fri close. ER2 will target 790.
 
Quote from stktrdr:

"Dealer", you have done well with your short -you should not be greedy. Look to take profits soon and GO LONG!

You may see a dip to 755 but that IS THE LIMIT TO THE DOWNSIDE! The selloff will run it's course by Wednesday lunchtime.

Look for a rally on Wed pm - Fri close. ER2 will target 790.

Maybe you are right. I am short from 779 and I have a target of 735 by the end of this week and 708 by mid/late May. My stop is at 779.
 
Dealer: -your timing is WAY OFF.

You MAY see those levels but NOT before we make new HIGHS!

You WILL be stopped out before you can take profits!:D
 
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