Running from the Doji – Closed FCX and XLF
There are a lot of doji candles in the market today. FCX and XLF both have the pattern. While a doji isn’t always a sign of a coming reversal, the risk is elevated. For that reason, I closed both FCX and XLF.
I got .83 for the XLF and 1.18 for the FCX. This brings the account value to $5730. I remain bullish, but will take advantage of some selling opportunities into the weekend if I see the market gap lower in the morning.