Hey old man Morgan, I don't pick tops or bottoms. I join in once i feel it's time. Bought the dip this morning. I recommend you watch and learn. Now I must block you. I don't feel like you have anything of value to offer.
FWIW. i think price travels higher toward R2 before rolling over. from there price continues lower or reverses up. too early to tell.
Anything good about that guy went out the window when he went to work for Ritholtz. He looks like a pro wrestler. My apologies to Hulk Hogan and Ric Flair for comparing them to financial talking heads.
%% I did something like that in SPXU [main trend]+ spent the rest of the am cutting losses\scale out; after the fact loss posted\LOL SPXL profit was better but that was a swing/position trade[counter/trend.] NOT a prediction+ not insured by any federal agency. Forecast; with 1 hour until close, SPY maybe has put in a day low/LOL; but not a prediction
fats made $10 a share trading amzn and it only had 2 point range. fats good. i sent him a few million just to see how he does for me