Ending diagonal in play. Have we come to an end

١٠ ديسمبر ٢٠٢٠

Sluggish upside momentum and weak rally may be pushing Dow to a correction soon. Although 30k has been broken, the sluggish momentum above 30k is causing some worries. Hence, I will commence my shorts for now. If prices breaks above 31,500. Then the ending diagonal may be the leading diagonal for wave 5 extension. Just like the Nikkei in Nov.

١٤ ديسمبر ٢٠٢٠

تم فتح الصفقة

First short position Close with 1:1 with half position size and breakeven for the 2nd half position. Net gain: 0.5.

٥ يناير ٢٠٢١

تم إغلاق الصفقة يدويًا

Top short position closed with 500 points profit