RSI touched oversold earlier this morning when I woke up, and it's basically sitting at my first target. Even if the market tanks next week, I think today is gonna be a dip then up day. Could be a fake reversal though, we saw that a lot last year.
NQ lost the channel, but probably will backtest it. BTC is in no man's land, but all of the other cryptos are at support.
So basically a fancy way to say I dunno again, lol. If you shorted yesterday with options, it's time to lock in some profits. That much I can say for sure. I made enough money this week, so I might cash out and call it good.
NQ lost the channel, but probably will backtest it. BTC is in no man's land, but all of the other cryptos are at support.
So basically a fancy way to say I dunno again, lol. If you shorted yesterday with options, it's time to lock in some profits. That much I can say for sure. I made enough money this week, so I might cash out and call it good.
Kommentar:
Suppose I could have faded the gap and played the gap fill using GM calls or something. I don't see much of a rally happening today, so calling it a week.
Kommentar:
Hmmm, appears I missed the little drop in BTC, but ETH hit the next support so not chasing it.
After some thought, I did find a play, I shorted TLT. The market can rise with rising yields since it;s oversold but bonds go down when yields rise (o course) and bonds go down when the market rallies as well.
After some thought, I did find a play, I shorted TLT. The market can rise with rising yields since it;s oversold but bonds go down when yields rise (o course) and bonds go down when the market rallies as well.
Kommentar:
BTW, it backtested the pennant and now hit my second target