If you've studied seasonality, the mid-October to November rally, followed by early-to-mid December correction, followed by the low-volume Santa Rally to end the year...is VERY common. Not a prediction but it's happened a lot more than a full December crash.
More than he did by shorting all through late March and April of 2020. He was absolutely convinced that was a dead cat bounce...instead the indexes hit new all time highs within 6 months.
I trade long bias regularly as well..... TQQQ SOXL For now, look at 5day UVXY SQQQ charts.. Volatility is here. . let's profit from it... I bot more BITI today, to short crypto
Ken - just pulling your chain man. Most people on here seem more long side biased. Older traders like us that have been through some ugly bears are more inclined to short more often. The volatility has been great all year - plenty of upside & downside on most days.
UVXY beautiful, macd crossover confirms long signal; im in 2700sh weekend hold, will likely buy more afterhours to get to 4k if buying continues bearish macd spy:
So far I was Right. Choppy down week.... i call massive tax loss selling next 2 weeks. Long 3200 UVXY, may add more in next hour. #gobears
And what's you call? CPI drop due to Oil Price drop, thus a Rally? VIX up but not close to 30 @KCalhoun ?