Fundamentally:
- Negative effect of the shutdown on forward looking and sentiment indicators
- Fed cutting back bond selling
Technicals:
- weekly 61.8 was a clear chance to enrter short
- tp for short positions around 94 points (200 DMA+38.2Fib)
Trade plan:
- keep $ short positions, if stopped out by volatility check if reopening makes sense
- Negative effect of the shutdown on forward looking and sentiment indicators
- Fed cutting back bond selling
Technicals:
- weekly 61.8 was a clear chance to enrter short
- tp for short positions around 94 points (200 DMA+38.2Fib)
Trade plan:
- keep $ short positions, if stopped out by volatility check if reopening makes sense
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.