Swing Trade Exit

Swing Trade Exit

I exited this morning 1000 TZA at 15.02

It appears we have worn out our welcome with this trade. The overbought condition of the IWM is working its way out in consolidation rather then a pullback. In addition the market is staying strong despite what the leaders in Washington are doing, and finally we are in a very positive seasonal period for the markets. After two weeks it appears this trade is just getting more and more high risk.

RickJ

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