Mid-week Update: SPY, VIX, ES1!, IWM

Little mid-week update for ya ;).

Lots of questions about what's next, so figured I would post my thoughts in a video because I am kind of tired to write them all down.

Also, for the probabilities, I trust NQ1! over NDX as the results tend to be slightly more reliable!

Let me know your questions/comments and yeah, safe trades everyone!

(P.s. most of you already know, but I will link the Z-Score Level Indicator below :-)).

Kommentar:

Another way you could draw IWM is like this:

This would be more favourable to a long bias and, I believe, correct as far as trendline rules are concerned :-).