I exited my long position in SSO this morning at high 77s. All my indicators show the market is looking for a pullback. I entered SDS in two lots- one at 53.70 and next lot at 54.4. The timing of the second lot purchase was not very good. But I am very happy with the fact that I exited the long position at the right time and entered the first lot of market short SDS at a very good time.
As far as future trading is considered, tomorrow will provide a confirmation in either direction. But the bias is more towards the downside though.
AAPL has not been able to break 190s as I had earlier mentioned.
Gold continues to be strong. Made a BO above down trendline. US Dollar is hanging onto support.
FOMC Projections
4 hours ago
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