When will the bottom of this pricing in hit? Who knows who cares play the trend and today for me marks more of the same just worse. Some of you may know I like to see 2 consecutive closes under any trend or price or ma or anything, it makes confirmation of a new trend. We might not see bottom to start a new rally for another 2 weeks. Keep an eye on the VIX if we hit 36 you will see massive sell off coming in why because there are robots ready to sell at certain numbers to protect companies. I’m sure you all have heard no bear market has gone without a VIX at 45 well that’s how it gets there I don’t think it will happen this time since we have 3 more rate hikes to go and Q3 earnings starting October 15th. The white arrow came out on the chart yesterday and it didn’t fail, right to the tip. I love getting home and hitting the play button and watching the bars fill in, it’s not always right but it has a good track record so far. Anyway my back is still killing me just wanted to keep the posting streak going hope everyone had a Green Day. As always trade what’s in front of you good luck
Oh yeah all the FEDS talk tomorrow so grab the popcorn. Also heard Yellen said “I don’t see any erratic financial market conditions” these people are so out of touch they can’t be this blind right or are they playing dumb or are dumb
Oh yeah all the FEDS talk tomorrow so grab the popcorn. Also heard Yellen said “I don’t see any erratic financial market conditions” these people are so out of touch they can’t be this blind right or are they playing dumb or are dumb
