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Bullish close ?


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#11 CLK

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Posted 01 June 2018 - 08:54 AM

Closed my doubled up short position for a 50% loss, just didn't follow my system, again. Leaving my hedge long on.

Will refrain from any more hedging, any counter move to the system without a reversal will be adding to positions,

like the test of 2700 yesterday that didn't close.  Internals are strong on this gap, so I'm not shorting it and even if it fills,

I made the right decision. You can't predict a swing move, impossible, just follow price and take the drawdowns.



#12 tsharp

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Posted 01 June 2018 - 11:29 AM

Just a quick follow up to the earlier chart...

 

SP00_240_6.1.18-2.jpg

 

Link to chart:  https://postimg.cc/image/t3bwu07mh/

 

Please consider these break-away gaps on the RUT... IMHO, this is kinda bullish... just sayin!

 

RUT_60_6.1.18.jpg



#13 CLK

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Posted 01 June 2018 - 12:38 PM

Five min. MACD looks bearish, could retrace into Monday before the breakout higher.