$ED Short Position

٢٧ سبتمبر ٢٠١٩

For the public record -- I took a short position on ED yesterday at $94.71

I posted the trade to the Stocks and Indexes forum:
tradingview.com/chat/m/db817f0a-1815-458a-8935-99b86188ec75/

My reasons for shorting are technical, and not sociopolitical, but are too complex to describe on one chart, so I'll not attempt to do so. I will say that technical divergences were apparent to me at the time of the trade, and now, there is confirmation of the channel breakdown as can be seen in the attached image.

My opinions and actions are not recommendations to buy or sell any stock, bond, ETF , commodity, or any other financial instrument.

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I've closed this trade today given that the momentum impulse I was expecting hasn't materialized..