Thursday, June 23, 2022

SOLD SH & XLE

I covered my short (SH) position and sold XLE (Energy ETF). Since XLE was a bad trade (right idea, wrong ETF), I'll step back and not try to bet against the trend - trend is down. 

I'll reset the short (SH) trade when this rally stalls.  That will be signaled by an extreme up day, probably greater than 1.5%