ES1 Overbought and big divergence
Wow did they ever pump futures on low volume, SPX will open at all time high (ATH), taking a big loss this week, $5k...
Not chasing this, that would be insane. No new short positions either, will let the puts expire worthless. Gotta trust the chart formations and targets, nevermind the fundamentals. ES1 hit both pennant and bull flag targets without skipping a beat. Lesson learned the hard way on this one.
Not chasing this, that would be insane. No new short positions either, will let the puts expire worthless. Gotta trust the chart formations and targets, nevermind the fundamentals. ES1 hit both pennant and bull flag targets without skipping a beat. Lesson learned the hard way on this one.
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Even for the day now, closing out some positions. Talk about heartburn, lol.
ความคิดเห็น:
Closed out all of my index positions on this whipsaw heartburn day. Enough of that, lol.
Still short UAA, GM, and XRT. Doesn't really look like they're going anywhere anyways.
Still short UAA, GM, and XRT. Doesn't really look like they're going anywhere anyways.
Lol make that $2k loss for the week now.