Heavy Metal

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I mentioned in the prior post having 50 short positions, all of them individual stocks. I have increased that to 62 short positions, one of which is my only ETF short: XME, the metals and mining ETF. Stripped of both drawn objects and even the price bars, the chart shows the pivot:

slopechart XME

Here’s a closer look. I’ve set the stop-loss price at $31.

slopechart XME