For these overnight collapses you should just short MNQ, M2K, MCL (Nat Gas is too volatile for me). I bet in a few hours these markets will recover at least Fibonacci levels. NQ range is 11600-11380 right now so it may get back to 11510 -- it probably won't recover more than 50% most likely since the sentiment is terrible in this market thanks to Jerome "Pain" Powell.
%% Good moves\ great moves/ TZA, SRTY twm,SQQQ,qid, SPXS, SPXS, sds,SH.............. The very extended got more extended LOL
Crash helmets on if s&p gets to 52wk low and continues. I expect a dcb prior to major drop, will have to navigate inverses carefully this next few days. Goal is long 50k+ inverses for swings by Friday if market continues down. Good hunting
Sentiment in this market is so bad, you have to wonder why anyone would be buying in this market. I think the fear gauge went below 25 (out of 100) which is usually very negative. That rally at the end on Friday and this morning didn't make any sense to me. And now there's a raid on the Sterling as well. I also noticed the mREITs are collapsing (NLY, AGNC, etc.) I assume due to the rise in financing. I would be surprised if this doesn't end in a 2008 like calamity of some sort. Just checked and the Loonie is now collapsing as well (USDCAD).
Maaaaan, that is a creepy....odd....strange....sight to see, imagining Ken Calhoun....'banging away all day' at uvxy, 'hoping she is on the pill', -- that would be like watching a smiling, jolly, laughing, caffeinated, bright Cartoon Pig...doing its thing,
%% LOL; i tend to plan on 2 or 3. 4 cups of coffee keeps me awake much to long. To paraphrase Humbled Trader, 40[brilliant plan\sarcasm just add a zero] cups of coffee per day would be dumb LOL