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asiansupermarket
Nov 30, 2016 5:58 PM

USO 1yr 2hr wedge range bound continues 做空

United States Oil FundArca

描述

Looks like we can take another stab at the range bound wedge run.

It is getting fairly tight - faked out once so far to the downside. Lots of volume on here and usoil futures, could be indicative of a bottom for the down trend, not going to look too deep into it since we know how many bs contracts are open.

Possibility of a rough head + shoulders which would confirm the range bound price action. Setting up a position short here earlier than shown ~10.93 then will add on as shown in the chart.

交易开始

11.30 short position SL @ ~11.60

评论

I really want to hold past fed day - still on the fence to stopping out

评论

Still holding this

交易结束:到达目标

Back at the bottom of the wedge. Most efficient way to play it now is to sell puts to get called into a long position if it breaks out down.
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