Think that in the next days with with the last (maybe) raise in interest rates the markets will start to discount on the effects that high interest rates >5.25% (maybe on Thursday) will have on the markets.
Comment:
Something started to move finally ?
Comment:
As per the other idea I've published on the S&P 500 (check my profile) I believe something is wrong. Volatility is going to increase. Do I know how badly? no. Nobody. does. But follow the cycle. The higher they go the harder they fall.
Trade closed: target reached:
Closed this position