Grossing up on UUP
Time to re-gross UUP to a big position. Reasons?
- At a key volume support level
- Oversold indicators flashing
- USD is down as SPY is up, but SPY is at level to take a full short position (see the previous idea)
Trade closed: target reached
Closing 3/4 of the position at 29.17. Well done to those who took the plunge with me!
Disclaimer
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.