'It remains alive in so far as we cannot get another clear trading bar subdivision on the Monthly chart until the
first trading day in August to accept a more Bullish 5-wave count from the March low, we remain skeptical of this
move, for now.' (July 15 - Part 1)
One-half of our 'Flag' pattern short/hedge from 3180.70 was stopped out on the close July 15th for an effective 0.36%
loss.
We're going to add to our short/hedge position here at 3240.00 or better, taking the total position from 25% back
up to 50%.
We'll raise stops now on the total position to a close above 3247.50.
first trading day in August to accept a more Bullish 5-wave count from the March low, we remain skeptical of this
move, for now.' (July 15 - Part 1)
One-half of our 'Flag' pattern short/hedge from 3180.70 was stopped out on the close July 15th for an effective 0.36%
loss.
We're going to add to our short/hedge position here at 3240.00 or better, taking the total position from 25% back
up to 50%.
We'll raise stops now on the total position to a close above 3247.50.
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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.