Am in a similar trade using SPY puts and IWM with target to 2750-2800. That is meant as a warning!!! Not that experienced a trader, but trading off some data analysis I have done
What happened to the bulls today ? They leave after lunch ? Ah, it was Trump opening his big mouth about a China news conference.
Looks like we will see HOD and LOD in last two hours again, don't you think? We went back into that range so it was a false break-out and it was just a false break-out.
Buy Buy Buy . Mkts on sale. Up 40% in 8 weeks and a small pullback .Damm hit that trade right on the head . Let’s see if the tops in . The next week will tell .
But but.... I didn't get all my shares on yet for my shorts Oh well - adds on spikes if it is truly whoosh time.
Trump having news conference on China tommorrow. Since 100 k deaths and China can do it maybe China can stop the Insanity.