I'm think we see a slow crawl to 2875. Not a big leap to 2900. Will close longs once I have the chance, and focus on shorting the gold wedge break.
took beer money profit on some sp longs to manage risk as going to bed. all remaining longs including short gold are now having paper losses.
I think this might be the last time I would go long in a long while. IMHO, risk to downside piling up.
closed remaining sp long and 1 dax long. still have some hsbc and dax long. leaning towards gold short, now contracts slightly under water. but waiting for a wedge break.
i think 2875 will be tested. not so sure about 2900. waiting to decide whether to add a small long sp. leaving for lunch and coffee.
Looking for 26000 on hang sent by next Wednesday.
Edited by punter, 16 August 2019 - 12:47 AM.