Last week I posted that if we get a break out of the channel (point 1) then we could see a move down to 109.67. We have now had that move and broke below that level.
IF you want to stay short then my next target is around 105.67. I will have taken off 50% of my position and move stops to break even. Keep in mind that the US elections are on Tuesday so the market can get very choppy.
IF you want to stay short then my next target is around 105.67. I will have taken off 50% of my position and move stops to break even. Keep in mind that the US elections are on Tuesday so the market can get very choppy.
