Given the current world/market environment, would you say it's
more prudent to wait for a break above the pattern (giving up 4% or
so), or better to take trade here with a stop just below Friday's
low?
Posted by cape_rover on 23rd of Feb 2020 at 07:44 pm
To answer the stop portion of your question, Steve posted some
stop ideas. I'll be looking at SPX 61.8 FIB (3283) and 50DMA
(3273) for entry/tight stops tomorrow
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Given the current world/market environment,
COLL Daily View
Posted by RichieD on 23rd of Feb 2020 at 06:54 pm
Given the current world/market environment, would you say it's more prudent to wait for a break above the pattern (giving up 4% or so), or better to take trade here with a stop just below Friday's low?
To answer the stop portion
Posted by cape_rover on 23rd of Feb 2020 at 07:44 pm
To answer the stop portion of your question, Steve posted some stop ideas. I'll be looking at SPX 61.8 FIB (3283) and 50DMA (3273) for entry/tight stops tomorrow