ES rally already looking tired yea forgot..CL makes waves when they roll into the next month thats for sure
Mostly trade Russell/IWM and options and it barely tagged yesterdays highs before stalling..SPX rallied much further...but the Russell divergences can give pretty good signals for SPX.
Bought some ERY @ $33.00 I only went in with a 1/4 position since I DO NOT like to trade this ETF above $30, every time I have bought this ETF in the last couple of months below $30 I have made money. So this should be an interesting trade in the next few days!
Its the HIGH VIX, any vix around the mid 20s is going to cause 100-300 point daily swings! Ill take it since I like trading these markets when they are this volatile....I didn't think though such a strong opening this morning....
If this rally fades and goes red its going to be quite a nasty nasty close!!!! Watching 1820 on the s&p, a drop below that and all hell breaks lose!
yea volatility is pretty hot today! I guess that means very quick in and out of what you are following
ADDED SPXS @ $21.90 Im am just about fully loaded on my short ETFs in just one of my accounts, LABD check $55.46 UVXY check $56.74 ERY check $33.00 SPXS check $21.90 IF the market moves up another 3-5% ill add even more shorts on, but for now I will sit quietly with these new positions