Charts show markets have retraced back up since the plunge but now right below the 50DMA. The bounce should be coming to an end soon. If you have been trading the long side, in my opinion consider to start selling.
I have not been trading too much the past few days. There are some personal matters that I have to attend to so I'm not able to trade or update the blog too much. Good luck everyone.
-DL
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3 comments:
Sell PWRD as well?
hahighbaby
PWRD has strong support at 25. Also XMAN showed yesterday the meeting of the 2 MA at 25.27 when are strong. Noticed today buying coming in when it got to that area. Im still in.
Thanks for sharing your trading stretagy. Wonder which trading platform do you use?? Thanks
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