First, why is this under "one or two sessions of decline? Because, in bull market, the correction phases are distinguished by their exceptional speed. Commonly observed that a few hours of down enough to cancel a week of rising ... resurgence before the slow upward trend. is why I opt for a correction does not drag on over time, but the depth is still difficult to assess .
Second, you notice that after my open position 4125 4075 stop depends on the question posed in my title.
Two scenarios are possible:
A) Preserving MM150 and support 4085 tomorrow morning. A double-hollow ID materialize between 4120 and 4085 before new upward momentum.
B) correction continues with the appearance of a gap in 4085. ACC continues its violent correction in the wake of Dax (below) referring to an important support for 7225 (50% of the last movement and Support weekly). ACC position would be stopped to be reopened later in the next two days on about 4010.
Dax (daily)
CONCLUSION:
The violent break 4120 weakens the configuration in the very short term. The correction is completed it or will it widen towards 4010 points? In case of stop enabled, the strategy will be open long 4010.
ACC Position: Long on 4025, to stop 4075. When activated the stop (announced on the blog) a new long position will be attempted on 4010.
0 comments:
Post a Comment