XLRE watch $42.15: proven Golden Genesis fib to determine Trend

8 mag

XLRE (Real Estate) has bounced back strong.
BUT just hit a Golden Genesis fib at $42.15
Look for a likely dip to one of the fibs below.

27 mag

Trade attivo

PLUNK! Drop EXACTLY from our fib

(yellow shaded area is from posting time)

.

Closer look with notes:

Missed the first dip, but got a PING entry on second dip.
"Ping" from "give me a ping Vasily, One Ping Only"
Closed 50% of the short position at next fib.

.

SL at Break Even on remaining 50% of position.
Not confident it will go much lower but lets see.

=====================================================

.