Good day folks,
The market went very close of a selloff last Thursday. However, it reversed on the Fed news. TLT and XAUUSD are cooling down; if the selling continues or accelerates, this could provide some fuel to the indexes. I think IWM could reach 146 and close the month around 140. So, this could also offer an opportunity to short.
I do not have a position open yet, but the best-case scenario would be an entry around 135. We gonna see what Monday has for us.
Have a nice weekend,
Note
The chart says all!Trade closed: target reached
WoW!
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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.