The short TASR triggered this morning at 15.4. I would consider covering the short if we close above yesterday's high of 16.08.
The market bounced from its opening down gap and both the CTick/20DMF look to support the bounce.
Difficult to have conviction on the short side for now. Wait and see!!
SDS is still in its upper side of the envelope. and IWM still in the lower side.
IF the 20DMF/Ctick show weakness later in the day, the 5MA can be traded.
CMG is still in a range for now. EV shows some accumulation though.
Pascal
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