Last thoughts of the week I promise!
Too long, Didn't listen Summary:
- Kind of bullish looking
- Immediate monthly TPs are 410 to the upside and 387 to the downside.
- Clear breakout of the DSL line which kind of makes me think its affirming bullishness
- Still overall short biased on the long term, however I trimmed back my short position as a risk management play
- Immediate upside target from here is around 406 (technical) based on DSL.
- Immediate downside target is a re-test of DSL around 397/398, however this is a moving target.
Too long, Didn't listen Summary:
- Kind of bullish looking
- Immediate monthly TPs are 410 to the upside and 387 to the downside.
- Clear breakout of the DSL line which kind of makes me think its affirming bullishness
- Still overall short biased on the long term, however I trimmed back my short position as a risk management play
- Immediate upside target from here is around 406 (technical) based on DSL.
- Immediate downside target is a re-test of DSL around 397/398, however this is a moving target.
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