Input:
- Tomorrow there will be announcement of International trade data.
- Maybe it is good not to go all in yet.
| Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses |
| 13.95 |
|
|
|
|
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Reason for Buy / Sell / Sell Short / Buy Back:
- Refer to the intraday chart for SPY, we have a multiple top formation.
- The weekly chart of SPY also shows many resistance and weakness.
Lesson Learnt:
- If I could have waited until SPY reached the TOP, I could have got FAZ at a much cheaper price.
- As I mentioned in my previous post, many of my counters are going south while indexes are going up. Something is really fishy.
Intraday Chart
Historical Chart
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