This is one heck of a squeeze they have going today. You have to look at the quality of the rally though, is it short covering pushed by quarter end window dressing or something else. I would suggest that's what's happening and I would also consider that we are moving into the range where we have to think of swing trades lower, not higher.
I'm thinking shorts up here that are longer than a day trade. It's about entry and exit and time frame. Consider what you are trying to do and consider where you are wrong when you take the trade. After that, it's all about execution.
I'm thinking shorts up here that are longer than a day trade. It's about entry and exit and time frame. Consider what you are trying to do and consider where you are wrong when you take the trade. After that, it's all about execution.
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home