We are at the 200 SMA, and this is a natural location to take profits.
Expecting some additional chop, the market never moves in a straight line... but the worst of it is over. If we retest the lows, I will buy again. If we retest the highs... or take too long... I will monitor for a new short.
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.
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.