The following trades were stopped out this week.
Stopped Out Short Positions
CapitaMalls Asia Ltd
CapitaMalls Asia Ltd Daily Chart
Textron Inc
Textron Inc Daily Chart
Wells Fargo and Company
Wells Fargo and Company Daily Chart
Had exited half of the following positions
Sell Half Positions (Short)
Jacobs Engineering Group Inc
Jacobs Engineeringg Grp Inc Daily Chart
Metlife Inc
Metlife Inc Daily Chart
Had entered the following positions.
Short Position
GBPAUD
GBPAUD Daily Chart
Long Position
JM Smucker (Also Sold Half)
JM Smucker Daily Chart
USDCHF short, SP Corp and Starhub long positions still remain.
Seems like short positions on equities are running out of steam. Let’s continue to monitor for further development
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Wow, that’s a really clever way of thinking about it!