Today I was watching RMBS because of the bear flag in the daily chart (mentioned in last night's post). The first bar printed a long shadow (bearish) and the next bars showed more signs of weakness. At around 11am, RMBS printed 2 NRIBs with declining volume, so I jumped in. The entry and exists are marked in the chart.
2 comments:
Good thinking with RBS.
Let's see if ICE delivers today...
Cheers,
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