- Mar.30
- The retracement of the rally has begun. We now have two down days, and I think it's possible that we reach the 750 level as early as tomorrow. We can have a pause day before falling but I am giving a slight edge to the fast falling scenario. With the moving averages (100, 50 & 20) converging, 750 to 840 seems to be the range for the next few days.
Portfolio
- New Transactions: Sell Short V, Buy Short WFC
- Holdings: Short WFC; Long V
- Past Transactions: Short V -3.4%; Long AAPL +7.4%
No comments:
Post a Comment