Everything points to SOUTH, but is moving EAST

Oct 20, 2018

Predicting is difficult, and also self esteem consuming after time showing reality, but it should't discourage. We all learn from it.

I analize Argentinian GGAL price, trough Fibos retractions and time extensions, to get targets, but has to rely on main trends.

I'm predicting that is going SOUTH and I mean to be SHORT. In fact I am with a PUT.
Reality shows prices moving EAST, and that means lateralizing with horizontal waves rather difficult to see on daily timeframe .

Some short stock options strategies has to be implemented to the end of this movement espected to end in two months.