FWIW, previous spike this PM topped out to the pip when it tapped the 200sma (heavy black line). Current level is at 4060 and falling. I'm in a heavy short from that level and looking to scale out the first 25% at M2 or lower as long as news cooperates.
Similar trade running on EJ as well, just generates more pips. In at 49.00 on that one with first scale out at +80, and waiting out the retrace for now.
Just out... Ban on short selling just extended to Oct 17.
Similar trade running on EJ as well, just generates more pips. In at 49.00 on that one with first scale out at +80, and waiting out the retrace for now.
Just out... Ban on short selling just extended to Oct 17.
Attached Image
FUBAR...