My only trade of late has been a long EMES play inside 12631, discussed on my videos recently.
I took partial profits this morning into strength, and will let the rest ride for now.
Overall, the action is grinding with some narrow pockets of action, typical of summer, despite the S&P basically pushing all-time highs on a daily basis.
With underlying divergences, I am still in bump-and-run mode with trades, not swinging heavy or for very long.
What’s your cash level like if you don’t mind me asking…
..about 96%…come be a 12631 member and find out 😉 H/T to Chess
How far will EMES up? What do you think? My near target is 137-140$.