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Stop loss

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sponono
Super Contributor
Your low price of R25 was triggered by the latest price of 2485. Was aiming to g long at R25 now not so sure.
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3 REPLIES 3
BC02
Super Contributor
OMO but way to risky. Seems might be some support @ 26 but not quite sure if its going to shoot back up. I'd rather wait for a clearer reversal sign as you're going against the trend.
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sponono
Super Contributor
suspect it wont hold. its been making lower highs since 2008. with the Rand having broken through R8.05/USD, the VIX having broken through 22 (breaking upside of a reverse head and shoulders) http://www.forexpros.com/indices/us-spx-vix-futures-advanced-chart and US 10 year bond yield simply unable to break the 2% yield mark it looks like its matter of time before the TOPI breaks 28,500 and the real bear party would start.
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sponono
Super Contributor
did not hold
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