SHORT-TERM MODEL BELIEVES THE TREND IS UP, HOLDING LONG POSITION OVERNIGHT
The bottom line, it’s very overbought, the next few days we’d know whether we live on the Earth or Moon.
Cobra Impulse System now demands a breakeven stop loss. As I’ve said many time, the system never tells when to take profits, so it’s up to you to take partial profits. Especially for now even you firmly believe that indeed we’re on the Moon which I have absolutely no intension to argue, still better be careful than sorry.