Short position entered

Aug 11, 2020

Going short with first target of $144.30, second target $137.50.

Aug 12, 2020

Note

Stopped out - Let's see if 153.40 line of resistance holds before entering a new short position.

Aug 12, 2020

Note

I went back into a short position at 153. my stop is at 155 and my first target is 144.30.

Aug 13, 2020

Note

Looks like 147 may hold, yet again today, and the longer it does the closer the 50 SMA gets to the SP. Closing my position and switching to long.

Aug 14, 2020

Note

Descending triangle forming on the 30 min. Look for a break down.