Added to short position here at 80.50.... 12 handle stop
Not a great entry at all ... NL retest would`ve been ideal @ 92 ish
Covered half @ 60.50 .... +20
Remaining 5 left to run... stop dropped at even 80.50 ... free trade
Added to short position here at 80.50.... 12 handle stop
Not a great entry at all ... NL retest would`ve been ideal @ 92 ish
My weekly statistical model gives 74 % odds of new lows by EOD given this weekly structure.
So, new lows today or tomorrow, I think. Today could be a consolidation day, but there's nothing to say we won't continue lower today as well, so best to stay nimble. 4525 will be the tell if we get there, IMO.
Good luck all.
… heavy heavy!