In updating the trade ideas today, the following Short Trade Ideas have either hit their final profit target, were stopped out as per the previously suggested stop criteria (SOAPSC) or no longer look attractive from a risk/reward perspective. Some of these stopped out short trades hit one or more profit targets before reversing & exceeding [...]
AON daily Sept 23rd AON (Aon PLC) was added directly as an Active Short Trade back on July 25th immediately following the breakdown below this multi-year uptrend line. Following the initial thrust lower, AON bounced, largely in sympathy with the broad markets & financial sector, to make a perfect backtest of the trendline [...]
This video covers the 10 largest components of the KIE (SPDRs KBW Insurance Index ETF) by market capitalization (not the actually top ten components of the ETF, which uses a different methodology other than a pure market cap weighting). My reason for selecting the 10 largest components of the KBW Insurance sector was to make [...]
AON daily July 25th AON (AON plc) offers an objective short entry here on the break of this bearish rising wedge pattern. T1(77.08) is the sole profit target at this time with a suggested stop over 90.50. click here to view the live, annotated chart of AON