I hope you take the advantage of yesterday rally. Sure, I did by buying more SPXU near the top of the market yesterday. I know it was a fake move made by specialists.
Today and the last two days the market is VERY volatile. These days the market daily range exceeded more than 100 points now. You can expect more like this in coming weeks. No more trading in a tight range anymore. The VIX will increase dramatically like I said last week.
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I can't wait to break out of this wedge for good!
ReplyDeletebelehede
The world market fell around 1.5% to 2%.
ReplyDeleteNow 114.00 is the resistance level for SPY. 46 is the resistance level for QQQQ.
ReplyDelete