Nicely Done
Nicely Done
Quite a ride over in equities yesterday but miraculously the long positions I placed early in the day survived various shake out attempts. Thus far things are looking positive but don’t get too comfortable as we may see another attempt to scare the children today.
That was close! My stop was two ticks below 1860 and it almost got taken out. That would have been annoying to say the least. The good news is that we’ve produced a whole latter of Net-Line Sell Lines which on the hourly which should offer layered support on a retest.
AUDJPY – I very much like the configuration on the daily and am currently waiting for a little drop lower toward the 100-hour SMA to grab some long exposure.
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Cheers,