I covered my shorts in the 870 to 875 range and am long (and nervous) for a ST bounce, from that range. From the way the market is acting, I don't foresee anything more than a ST bounce, and am wondering if I should just let the smoke clear and then go short.
2 comments:
I think 853-860 will provide strong support. Starting to scale into some longs from 861.
Carl,
I covered my shorts in the 870 to 875 range and am long (and nervous) for a ST bounce, from that range. From the way the market is acting, I don't foresee anything more than a ST bounce, and am wondering if I should just let the smoke clear and then go short.
-win
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