Mean reversion Nasdaq Long

It hit the 618 of an important retracement. Whats better is it hit it when going down on monday, which is a day where panic is usually best taken advantage of.

stop: 12162

Yorum:

Ive picked the Nasdaq over other indices mainly because its more beaten down and because its more rate sensitive than the others, which is important because when the aggressive stance of the fed crumbles the Nasdaq will benefit the most.

Yorum:

Stop raised: 12191

İşlem kapandı: durdurma seviyesi

İşlem aktif:

Relonged. Need to re-evaluate how i place stops.

All the green flags are here for today:
-Ten Year notes came up significantly
-Crude is down
-DXY is down slightly and looks like it will go a lot lower

Yorum:

oh woops the dxy is up slightly. still looks like shit