Correction

Oct 22

The price has just broke out of the channel. If it's not a fake break out, I expect to see some correction this week. Perhaps it will be insignificant like the previous one at the beginning of the month.

Oct 22

Comment

So it was a fake break out. Ok, let it retest the yellow channel and touch 5900 inside the orange channel, then there will be more chances to go on a deeper correction aftewards.

Oct 23

Comment

Not a fake break out now - back to the plan

13 hours ago

Trade closed: target reached

The price almost reached the bottom of the green channel (on some stocks actually reahed). so I've closed my shorts. The reversal is not confirmed as long as the price stays inside the channel. I'm taking into account the possibility that the price may go to a new ATH, so I'll be looking for new short entry points above 5900.

10 hours ago

Comment