As for an entry point, it is CRUCIAL to understand that we rarely enter stocks or ETFs on the short side as they are breaking down
below obvious levels of support.
Not exact matches
During stock market corrections, key technical support
levels generally get «undercut» (quickly probe
below the
obvious support
level, then rebound just a few days later).
Our second scenario was to sell short $ GLD if / when it simply broke down
below the
obvious and very important
level of support at the $ 150 area.
If you're new to our momentum swing trading system, it's important to know we prefer short selling stocks on a bounce into resistance, rather than a breakdown
below an
obvious support
level.
In the chart
below, we can see an
obvious pin bar reversal setup formed near a key market resistance
level, indicating that a move lower was a strong possibility.
Find
below a section of the EC statement EC CLARIFIES ELECTRONIC RESULTS TRANSMISSION AND CONTRACTUAL PROCESS As
obvious from the above extract from the Committee's recommendations, the Electoral Commission only accepted to implement a proposal and decision which was taken by the Committee and collectively accepted by all the political parties at the Inter-Party Advisory Committee (IPAC)
level.
In the chart
below, we can see an
obvious pin bar reversal setup formed near a key market resistance
level, indicating that a move lower was a strong possibility.
The
obvious risk is a stock and / or market break that results in owning a stock
below the strike
level.
For example, in the chart
below the pin bar is showing rejection of an
obvious horizontal resistance
level in the market as well as the dynamic resistance between the 8 and 21 day EMAs (red and blue lines).
Note the pin bar marked on the chart
below, it was an
obvious pin bar that showed forceful rejection of a key resistance
level, and then the market chopped around about 6 days before finally moving lower.
In comparison, the relationship between CO2
levels and global temperatures is an
obvious weak one, almost statistically non-existent, as the chart
below depicts.
The Waxman - Markey legislation passed the House of Representatives last summer by a scant few votes, even as it became glaringly
obvious to everyone who dared look that it would not require emissions reductions
below business - as - usual
levels.