Today culminates a short week with a short day. U.S. markets will be closed on Friday for a Christian holiday, and they will end the regular trading session today at 2 p.m. New York time, two hours early.
I have exited GLD for a profit, although below my 50% target. The chart has grown less bearish and I took the opportunity to take my gains off the table. I shall update the analysis with results later this morning.
I have no other exits in sight, and plan no new positions today. So this post will wrap up my trading for the week.
Look for The Week Ahead sometime Saturday.
By Tim Bovee, Portland, Oregon, March 29, 2018
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at www.timbovee.com.