NOTE: For entire month of December our weekly blog post will be concise and brief.
We took early signal to get out of the market but as you can see, EMA(30) did not cross MA(50) downwards yet. Typically, we always take late SELL signal but considering market conditions we took early SELL signal. If you have read our strategy and entry/exit signals, you are probably aware of this. Remember, if this rally fails and EMA(30) crosses MA(50) then thats our late SELL signal to get out of market.