comments
Nothing special
I don’t want to burden anyone with a review, and so everything is clear. The market is overbought. Sugar closed in the morning at cost. Only SHORT ES left from 1136.25. Copper in focus on SHORT
The plan is simple, if the stop is triggered, the restart is more aggressive if the momentum is lost :)
Good luck!
Sugar trade
I covered up almost all the sugar and left the small pose. He certainly ruffled my nerves yesterday, but I survived, although I usually do not like to buy in the fall, but it was heavily oversold and I decided to accumulate in such a situation as I expected the level to be held 21.50. This time turned out to be right, and the market helped, and it was necessary to offset the ES shorts.
Oil trade
Closed SHORT oil with a slight plus
Trade Time Quantity Type Trade Price (Points)
08:30:42 1 SELL_MARKET 81.38
08:30:48 1 SELL_MARKET 81.35
08:37:11 1 SELL_LIMIT 81.59
08:50:36 1 SELL_LIMIT 81.72
08:50:44 1 SELL_LIMIT 81.73
08:56:09 3 SELL_LIMIT 81.99
09:00:49 1 SELL_MARKET 81.91
09:24:44 1 SELL_LIMIT 81.86
10:37:54 2 BUY_LIMIT 81.51
10:57:15 2 BUY_LIMIT 81.57
11:02:34 2 BUY_LIMIT 81.45
11:02:53 3 BUY_LIMIT 81.40
11:03:08 1 BUY_LIMIT 81.40
Amazing, but the fact
Amazing, how easily passed from 1045 and almost to the level from where the sell signal was in January. As if the sellers had evaporated. You rarely see this on SPX, when the short-term downtrend channel immediately turned into the same high-speed upward.
Now 3 week of march( expiratory) appears to be critical in terms of the next impulse.
If we don't reach the new high, it will be slightly negative, and if we make a new high, then after the rollback let's go higher.
True worth noting, that this movement is far from fundamental, and again dictated by excess liquidity.
I go a little into intraday SHORT for oil and ES with tight stops and restarts. Thank you sugar for the cover for the minus in ES
Russia also revived. Gazprom and Sber continue their march to the north