Testing 1,2 18th August 2022
➤ This was the 2nd day in succession where S&P500 tried to overcome the upper pink zone. The resistance is holding. Maybe it's the thin air at these heights. We probably need to see a pause for breath at least, at worst, it's taking the first steps back down to base camp. 💨
➤ My exposure moved to -50% as shown in the chart. That means we are short the market using half of our capital. This is low-moderate. The maximum is +/- 200%, the level of highest conviction.
➤ Conclusion: This is our 3rd attempt at putting on shorts since this bull phase. Two tries, two fails. 3rd time lucky? 🍀 I'm not holding my breath!
➤ This was the 2nd day in succession where S&P500 tried to overcome the upper pink zone. The resistance is holding. Maybe it's the thin air at these heights. We probably need to see a pause for breath at least, at worst, it's taking the first steps back down to base camp. 💨
➤ My exposure moved to -50% as shown in the chart. That means we are short the market using half of our capital. This is low-moderate. The maximum is +/- 200%, the level of highest conviction.
➤ Conclusion: This is our 3rd attempt at putting on shorts since this bull phase. Two tries, two fails. 3rd time lucky? 🍀 I'm not holding my breath!
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.