With the caveat that I am very far from the most proficient bear trader around, we note that the short against the EM’s (via EEV) is being covered this morning.
NFTRH/NFTRH+ recommended a bounce to the SMA 50 as a lower risk short entry (I had personally entered sooner) for those interested, and today EEM is getting to a point where I’ve got to take the profit (EEV roughly doubles the percentage). It’s moving too far from the EMA 10, and could be subject to a snap back soon. Cash is my favorite thing right now so it is also by far my most heavily held thing.
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