Took profits on shorts.
will short further based on weakness, falling prices say 1067 on ES.
Eur look like a wave 5 down may be complete.
And right around now, people are seeing a fresh week with fresh weakness....perfect time to run the tape against them, upward.
Having order in place to short on weakness, and OCO stops and limits for profit taking will be good. Large quick drops are possible, be ready to take advantage of them, you could get a nice entry point that you can keep.
Expect HBB to bang the tape around as they have, retracing 78% or more of moves to make sure people stops get cleared before the next bigger move.
Out
'And right around now, people are seeing a fresh week with fresh weakness....perfect time to run the tape against them, upward.'
ReplyDeleteOh, yes. My, oh, my, yes.
Wow, a comma between every word in that line. Except for the periods, but you know what I mean.
Futures are down, so time will tell!
ReplyDelete