50 day MA crossed the 200 day MA to the downside.The weekly uptrend on the MA50 is still trying to keep the market up.However daily chart shows the break down:
Position will be reduced above 122.Stop at 126.First target around 116-117.
Daily chart shows the 200 day MA break down.:
Weekly chart MA 50 support is trying the hold the market.
Open positions are below:
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