I guess i suck at longer term predictions, lol.
Guessing we get a back test of the channel line here and a bounce either tomorrow afternoon or Friday. Going back to playing my indicators, buy when oversold and sell when overbought. I think the melt up is over, but not expecting a full on tank.
I am bearish for the open tomorrow because FDAX looks like it needs to go oversold. Europe rallied much further than I expected, they are going into a recession because of natural gas. Plus every country seems to have a drought issue right now, but that's being fully ignored.
Might sit the rest of the week out and see if some sort of chart pattern develops....
Guessing we get a back test of the channel line here and a bounce either tomorrow afternoon or Friday. Going back to playing my indicators, buy when oversold and sell when overbought. I think the melt up is over, but not expecting a full on tank.
I am bearish for the open tomorrow because FDAX looks like it needs to go oversold. Europe rallied much further than I expected, they are going into a recession because of natural gas. Plus every country seems to have a drought issue right now, but that's being fully ignored.
Might sit the rest of the week out and see if some sort of chart pattern develops....
Kommentar:
Fed minutes whipsaw coming in a few minutes. Might short BTC again depending on how it reacts to the news
Kommentar:
There's your whipsaw, lol. Can;t be real good news if bind yields haven't moved.
Will buy some puts if this pump fails, otherwise staying out. Not feeling bullish because of Europe.
Will buy some puts if this pump fails, otherwise staying out. Not feeling bullish because of Europe.
Kommentar:
Failed pump attempt, now looking very bearish for tomorrow.
I warned you guys about the Fed minutes whipsaw.
I warned you guys about the Fed minutes whipsaw.
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I think you can short just about anything here, even if the market gaps up I see the selloff continuing tomorrow morning. Not sure about the afternoon though.
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Note: AAPL looks like it's topped out, and AAPL is the market.....
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Virtually every stock finished red today, bearish.