A simple risk-reward short setup in DDS. Despite very strong retail sales data, the trajectory is unsustainable.
With higher rates on the way, the market is spanking retailers as more money will go to service credit card debt
rather than consumption.
I have had DDS on my short radar for a while now beside the euphoric one more push higher nothing has changed
for me fundamentally. I still see it going lower.
Wait for the trigger
With higher rates on the way, the market is spanking retailers as more money will go to service credit card debt
rather than consumption.
I have had DDS on my short radar for a while now beside the euphoric one more push higher nothing has changed
for me fundamentally. I still see it going lower.
Wait for the trigger
コメント:
Bearish flag forming that will likely trigger the trade.
コメント:
DDS short is about to trigger breaking down from bear flag
コメント:
Short has now triggered as expected.
コメント:
Excellent move lower as expected
コメント:
DDS new lows
コメント:
KABOOM! As expected. New lows.
コメント:
DDS Breaks $300 as expected.
Another great call!
Another great call!
コメント:
Bear flag in the making
コメント:
Retail sales came in weak as DDS has been signaling for a while now.
コメント:
Getting ready for the next leg down
コメント:
New lows!
コメント:
Retail sales growth came in weak again. But we knew that from DDS so,...
コメント:
had to wait for it to fully form before posting. Another bearish structure another CRACK! As expected.
コメント:
New lows
Real Macro Economic Investing
www.patreon.com/Realmacro
www.patreon.com/Realmacro