ðĪĻ When in Doubt...Find Support, 18th November 2022
ðž Daily Technical Picture ð
âĪ I'm sounding like a Psychologist today. Professional Traders do make use of Psychologists or Coaches to analyse and evaluate their performance as well as for counselling and self-reflection. We amateurs often just mumble to ourselves.
âĪ S&P500 gapped lower at open before rebounding to finish near the daily highs. The strong support level at 390 held well. It was a mixed bag for other indices. NASDAQ and Russell 2000 were particularly weak. Although it is a mixed picture, there is less doubt in my mind. I would like to get Bullish here.
âĪ I currently have +34% long exposure in the market. Additional exposure is possible if prices move as I expect.The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
âĪ Conclusion: More action please!
âĪ I'm sounding like a Psychologist today. Professional Traders do make use of Psychologists or Coaches to analyse and evaluate their performance as well as for counselling and self-reflection. We amateurs often just mumble to ourselves.
âĪ S&P500 gapped lower at open before rebounding to finish near the daily highs. The strong support level at 390 held well. It was a mixed bag for other indices. NASDAQ and Russell 2000 were particularly weak. Although it is a mixed picture, there is less doubt in my mind. I would like to get Bullish here.
âĪ I currently have +34% long exposure in the market. Additional exposure is possible if prices move as I expect.The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
âĪ Conclusion: More action please!
ð eToro Popular Investor ð°
â Copy My Trades @ eToro, etoro.com/people/mrstocky
â Verified Track Record ð
Not Investment Advice
â Copy My Trades @ eToro, etoro.com/people/mrstocky
â Verified Track Record ð
Not Investment Advice
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