LIONS!!!! Look for a bounce to reverse before we hit the lower band on this chart (see circled area) THEN SHORT- Big time. LIVE CHART, Click HERE: https://www.traderschoice.net/
LIONS!!!! Look for a bounce to reverse before we hit the lower band on this chart (see circled area) THEN SHORT- Big time. LIVE CHART, Click HERE: https://www.traderschoice.net/
Sell the peak.....!
Looks good Greg, equivalent to 6350 range on Nasdaq, I am loading up as well, nothing bullish about the markets at all. This bounce isnt any different than the previous two in size, just very sharp which makes sense as we increase volatility. Looks like we are still in the middle of the 3rd or C wave of the correction, still a long way to go, and it will take significant time, anyone who thinks this isnt a large scale cycle level correction is fooling themselves, it should play out over a couple years, these moves will look like little blips on the chart when we see what this thing does on the large scale. ZOOM OUT people!
I've never shorted before and have, honestly, no idea how. It is something I would love to learn though.
I was thinking about buying SQQQ or TVIX
I agree i do not know how to short but will practice with small position when SPY gets to about 250. I have confidence in you Greg.