Tuesday, May 24, 2016

Why not sell GU.

I was asked why I wasn't selling GU see the blue rectangle on the chart.


Two reasons, first it was difficult to get a sell entry and get to break even before the obvious resistance level at todays open. Second and more importantly GJ was not agreeing on the sell.


I really want to see some form of confirmation that either G or U has some across the board family strength/weakness. When GU and GJ agreed a nice move followed.

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