Later in the day, CERN was again sold and in hindsight, it would have been better to keep the position.
I also looked at buying POT, MOS or CF because they wanted to bounce, but I did not like the EV pattern on materials stocks in general.
Large players also sold the POT bounce, which is never good for a bounce continuation.
The trade ideas for today are below.
Here are a few Pyramid figures for the most interesting short trades.
They all show similar patterns: first they broke down but are now bouncing back up on a weak EV pattern.