IYT Head and Shoulders
IYT, the Transportation Average ETF is forming a 24 week head and shoulders bottom.
I am eyeing the 144.70 area for an entry and wait on the close above this level to ensure above the previous resistance of the neckline.
163.1 is a long term target, but most likely will be relying on my management techniques with this trade the most.
I am eyeing the 144.70 area for an entry and wait on the close above this level to ensure above the previous resistance of the neckline.
163.1 is a long term target, but most likely will be relying on my management techniques with this trade the most.
交易進行
Cleared entry, will monitor the candle for EOD close. I'm flat this position right now because the liquidity is downright terrible.
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