The 30 min MA sell signal working well so far and a stop loss could be placed at break-even or above the 77 sma on a trailing basis .We also have a TAS signal confirmed with today's LL (barring a strong reversal later today)The last run down was about $200 and I am thinking we could repeat this range or exceed it if there is a panic (eg dollar rally ?) The more immediate bullish scenario is that we form a triangle consolidation to unwind the overbought condition.As always,this is not trading advice !
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