Feeding off of pain and euphoria. Find me on Twitter @greenlander1
Thursday, April 28, 2016
Apr 28 - Out of equities, long GLD
I got stopped out of all longs and now only holding outsized position of GLD. Today's reversal was unexpected. Been expecting some pullback for weeks now but maybe this is the real deal. Not going short now and prefer my position in metals as safe haven trade. If this is the beginning of a trend change, will be looking to short the bounce.
At the lower end of range. If this is violated, the trend up from Feb is in question
Still in the zone, but it was a nasty sell off on stronger volume.
SPY weekly looks bearish with back to back reversal tails