I am long BABA with a stop at 140 and a target of 170.
Category: Trades
Euro Target Reached
The target has been reached. I am flat.
Oil-Long Term Look
I am not a fan of multi-year continuation charts. Especially when it comes to the energy sector. However, crude oil is at a critical support level. As posted previously, I am flat and had no desire to stay short.
Target Reached
Oil reached its target. I am flat.
Long the Euro
Euro looks like it is making a bottom here. I am long with a stop at 1.0525 and a target of 1.09.
Short Crude Oil
I am short with a stop at 70.5 and a target of 66.
Short Russell
US stocks look like they want to plunge. I took a short position in the Russell 2K with a stop at 2215 and a target of 1950. Looks like a perfect head and shoulder top. Time will tell.
Position Update
KC wheat reached its target of 630. I am flat.
Gold is close enough to 3000. I still have a small long position with jammed stops.
I bailed on SFR3 for a small loss.
Long the Candian Dollar
The Candian Dollar looks to have put in a bottom. I am long.
Short SOFR
I am short.