Went back to short metals position yesterday based on the hourly and just generally weak activity during the day on the 5 min chart. Hoping that price drops back into the consolidation zone.
Shorted AAPL also this morning after getting stopped out of a long. If we close where we are or below, AAPL could fall much further.
As for equities, it's kind of a mess and wouldn't advise getting involved in either direction for now.
I don't have the hourly short signals annotated but basically it would be the opposite of the buy signals in green.
AAPL broke important support intraday. It also exists on the daily chart.
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...