- Monthly : Breaking triangle downside support at 8530. Technical target is some 3750 points away (at 4775!). Hard to picture but will go with the break for now.
- Trade : Sold a bit late at 8350. But only noticed the break just now. Given that I am already heavily betting on Risk Off, this Nikkei trade will be 1-bullet 1-off. Cut if we fail to close this month below 8530.
- Comparing monthly charts only, this is technically a better trade than shorting SP500.
1 comment:
Stopped out.
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