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Strategies & Market Trends : The Art of Investing
PICK 54.42+1.0%Jan 9 4:00 PM EST

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To: stuffbug who wrote (5270)8/25/2022 7:43:25 PM
From: Sun Tzu  Read Replies (1) of 10741
 
What are you using for your term structure? CL1 - CL2?

I got a weak buy signal a few days ago, but I am wary of jumping in at this time because I make big highly leveraged bets rather than slowly building positions.

If you look at the my chart, you will see a descending wedge and two horizontal support lines.

I will be a buyer if we decisively break above the wedge or if we hit the first horizontal support line. If the latter, the stop would be a at the 2nd line.
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