The red trend line has shifted from the supportive level to a resistance level four trading days ago. It has been tested on Thursday and rejected. I am watching the red trend line to short again if holds.
The target for this trade is 1120 if you can manage it and exit on break even if price keeps going higher. Yes!! the current price is over valued and stocks are still running higher as long as Trump is motivating stock market. Who knows!!
The target for this trade is 1120 if you can manage it and exit on break even if price keeps going higher. Yes!! the current price is over valued and stocks are still running higher as long as Trump is motivating stock market. Who knows!!