The sma50 acting as dynamic resistance in this downtrend, looks like a good spot to start a short with 2 atr (14) as stop on close.
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Tested and rejected at the sma50 yesterday.
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Tested the sma50 and failing, open gap down today to $42.40, still short from $43.80
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Another gap down to $41.82
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Emerging markets ugly.
Another gap down to $40.60
Another gap down to $40.60
Trade fechado manualmente:
$41.90 out