Maker is Seen Down
Maker has bounced from $1279.20, and reversed down. It closed July 27 with a drop of 1.5% below the support of the upward channel, which if a sign of a change of a trend. I will wait for a retest at 1188.40-1208.45 to consider opening short positions with a target at 1088.65. The stop-loss of the trade is slightly above $1239.30, the high of July 27.
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