I just sold my long position in the E-minis at 1278.25 and am now flat. I don't like the fact that the market is showing weakness below Friday's daytime trading range which itself was a second lower top relative to the August 11 high. I am not bearish, but I do expect to reestablish this position at lower prices.
1 comment:
Nice exit. You certainly will be able to reestablish your position at (much) lower prices.
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