Here is this week’s update.

Short Positions (Stopped Out)

GBPUSD

GBPUSD - Exiting Due to Trendline Break

GBPUSD Daily Chart

Exited half position here. Overall a profitable trade. (see post)

Genting Singapore PLC

Genting Singapore PLC - Stopped Out Due to Resistance Broken

Genting Singapore PLC Daily Chart

The rest of the short trades (Windstream Corp, Republic Services) are still alive. This rally has been very strong so far. Has the market really turn around?

 

 

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