Of a speculative position of 600 shares, I am going to close half as MCP is looking very parabolic, the 1 min divergence (negative) is making its way to the 2 min chart. All in all I would still try to stick to a trailing stop as discussed in the last update.
I just do NOT like these parabolic moves, I've seen to many fall just as fast as they fly up.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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