US 30 Rollover: Engulfing Bear Candle

Aktualisiert
Happy 5th of July! Ominous portent in the candlesticks. Get confirmation on the close and Monday's price action- imminent throwover from ATH IMO.

Trade at your own risk; GLTA!
Trade ist aktiv
Shorting the midday retrace; GLTA!
Anmerkung
Looks like late PM bull to a Hanging Man. Monday will be...interesting.

Cut put position in half and hedged with short OTM puts. Trading QQQ and SPY.

Let's see! Enjoy the weekend!
Trade wurde manuell geschlossen
Rolled out of puts into calls on third down day. Might go lower but there's bullish undertone with dip-buying and short-covering EOD. Major indices are testing lower channel TL here and could spark another lift-off soon.
Anmerkung
Called this one too soon; waiting on Tuesday's candle for topping confirmation; look for a pin bar with 'abandoned baby' Doji.
ATHChart PatternsEngulfing CandleTechnical Indicatorsthrowover

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