During the start of the last bull run in crypto I used EEM as a leading indicator to time my trades. This served me very well as I returned over a 20x for the year of 2020. Now I will trust it again.
$20k in MSTR calls
$225 Strike 2/3
$230 Strike 3/17
$290 Strike 4/21
$20k in MSTR calls
$225 Strike 2/3
$230 Strike 3/17
$290 Strike 4/21
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Looking for the close on EEM above the 9SMA on the 4 hour chart.
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We closed above, We are going higher!
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Closed all my longs for a nice profit, I am now 80% short as EEM seems to be getting rejected
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Yields holding low EEM holding up at resistance closed all positions..... Now we wait