My tolerance on a short position against small caps (via IWM) is shown here in this weekly chart. A break of the blue line and I’d probably move on. Among all the NFTRH+ winners shown lately, this would be a loser as the originally noted stop loss was “Above 1120 (and the EMA 120) to suit risk tolerance but I would be careful about letting it get above the blue trend line at 1140+.”
It would not be fair reporting to just tout the winners, now would it? As it stands, it is not a loss but a limited one will likely be booked soon if this thing breaks through.
