Long weekly idea - ETN
13/Feb/2023 07:23 PM[Monday] AUTHOR: Brandon Gum
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Risk to prior lows. High probability setup with initial stop loss entry criteria.
Measured-move take profit established from the inverted%move of the October 2022, inverted at the neckline ~$175
Daily is a lot choppier than weekly.
Industrials are strong. Rising tide lifts all boats.
THis strategy only works if breakouts continue to work. THis move is only permitted if the mrkt breadth allows it. Rising tide environment.
I have no position at this time.
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Risk to prior lows. High probability setup with initial stop loss entry criteria.
Measured-move take profit established from the inverted%move of the October 2022, inverted at the neckline ~$175
Daily is a lot choppier than weekly.
Industrials are strong. Rising tide lifts all boats.
THis strategy only works if breakouts continue to work. THis move is only permitted if the mrkt breadth allows it. Rising tide environment.
I have no position at this time.
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