This is looking ugly right now, as by the end of the day, the weekly, daily, and 60 minute charts will all be lined up point straight down! The 15 is oversold right now, and could the market a brief pause tomorrow… but it's not likely to last with so much overhead pressure above.
I think tomorrow will be “the crash day”, as all the charts tell me so. Let's keep a sharp eye out for fake prints, as I'd love too know our downside target ahead of time.
🙂
Many people will see the double bottom being formed today, and will go long… I won't be among them.
Hope so as I am loaded to the gills.
This is looking ugly right now, as by the end of the day, the weekly, daily, and 60 minute charts will all be lined up point straight down! The 15 is oversold right now, and could the market a brief pause tomorrow… but it's not likely to last with so much overhead pressure above.
I think tomorrow will be “the crash day”, as all the charts tell me so. Let's keep a sharp eye out for fake prints, as I'd love too know our downside target ahead of time.
For those itching to go long something this week, popcorn would be a good option.
Max contain will be in the 1140's tomorrow.
just sold my vix calls because they expire tomorrow. Still have spy may/june puts and june vix calls.
Thanks for the tip . I will check it out.
with AAPL trading 251's the fear is missing the move to $999
K.
nasdaq.com