Before: In my last post on 8/18 that it would be time for me to go heavy in the market, which I did.
Now: Up 80.45% on my portfolio since my huge short on $SPY and other adjacent tickers $QQQ, $IWM, $AAPL, etc. Could not have rode this move better.
Next: I'm out on a 90%+ shorts and would suggest trimming aggressively now in anticipation for a rally...
Live cattle is still very much bullish. I'm only gloating at this point, because my position is doing very well.
I was following this chart for a while, saying that it was going to go up, and it did go up. This is a needed boost for my confidence at the moment because my stock positions are in a tactical drawdown.
I do not like stocks. Not on a boat. Not on a goat.
On the daily time frame of CORN, there is a nice looking bearish rising wedge. It has been a quite a run and now it has gone up too quickly. RSI is reading extreme over bought. PPO is poised to make a bearish high level cross over. Also, when it falls back into the price channel, it will be very bearish as it will be a bull trap. I entered long $11.60 range so...
Hi guys,
The USDCHF has reached a very powerful support area. It may form a corrective pattern and then break the support or resistance line on the pattern. If you look at longer time frame like weekly, you will see that the pair is going sideways and it has reached now the support line. So, I think it should reverse and go back up
