Fundamentally:
- Negative effect of the shutdown on forward looking and sentiment indicators
- Fed cutting back bond selling
Technicals:
- weekly 61.8 was a clear chance to enrter short
- tp for short positions around 94 points (200 DMA+38.2Fib)
Trade plan:
- keep $ short positions, if stopped out by volatility check if reopening makes sense
- Negative effect of the shutdown on forward looking and sentiment indicators
- Fed cutting back bond selling
Technicals:
- weekly 61.8 was a clear chance to enrter short
- tp for short positions around 94 points (200 DMA+38.2Fib)
Trade plan:
- keep $ short positions, if stopped out by volatility check if reopening makes sense