I know all the MA are on top holding price down. But there seems to be a fairly strong support. I like the new white soldier candle at support! If CMG closes below 383.17. I would consider unraveling the trade i, but more likely just close it out for a small loss. I don't love this trade but I may watch it a little more and see whats happens. Was curious as to your thoughts.
I'm also looking at a BCS if price approaches 446 and shows a reversal signal - possibly an Iron Condor!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.