Good morning. Hope everyone has their taxes done...or at least has filed an extension. I put on a couple of trades this morning. First, I bought some TNA. TNA is the Direxion Small Cap Bull 3X Shares. Buying into an overbought market can be a little scary, but bullish conditions are still present so I'm buying. Here's an hourly chart of TNA:
We'll see if that trend line holds as a resistance point. Other than TNA, I bought into the Gbp/Usd this morning after it dipped down to the 1.4920 area and then rose back above 1.4950. The pound has been strong this week, we'll see if it has any more steam left in it.
Have a good trading day.
TLT
We'll see if that trend line holds as a resistance point. Other than TNA, I bought into the Gbp/Usd this morning after it dipped down to the 1.4920 area and then rose back above 1.4950. The pound has been strong this week, we'll see if it has any more steam left in it. 
No comments:
Post a Comment