I am also starting to see signs of top. ASX: I still hold my top...

  1. 1,372 Posts.
    I am also starting to see signs of top.
    ASX: I still hold my top up parcel long. Am happy to do so but have upped my stop. 5416 as I type. I would not open a long trade.

    FTSE: Similar to ASX. If I held long I would hold with close stops. Just shown 2 doji. Not a good sign for long.

    DAX & DOW: Both are looking on the way down. To early for my entry but on short watch! Flem will be happy!

    Funny how we seem to like a good short. Having said that I often feel more confident on a long entry than a short, generally.
    cheers
    mower
 
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