Worth a punt even if it does break out a little. BBUS at all time low today.
Let's say SP500 does breakout do you think the orange moving average on your chart won't get hit this year in a pull back? Sorry if it's not orange I'm a little colour blind.
Risk vs reward is high even if BBUS goes 10% in the wrong direction I can't see how this could be a losing trade long term as I'm sure the SP500 will pull back under 2300 in even a minor correction.
Short term traders will have a different strategy to my medium term strategy.
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