I'm holding longs in precious metals, and also long individuals stocks with interesting valuations and trend signals. That said, I'd like to hedge my exposure to the market by shorting
SPX, and this might be a good chance to do it. It might be a good time to have a long/short strategy. The stop loss is tight here, if the setup works, it can be a good r/r trade. Downside of 15-20% worst case, best case, we barely go sideways and end up chopped out of the short, before the market resumes the rally.
Cheers,
Ivan Labrie.
Cheers,
Ivan Labrie.
Order cancelled
Not yet!Note
Note
Still on the right track, read timwest 's yearly forecast for more details.Related publications
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.
Related publications
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.