DIA daily went to a sell, waiting for price action to approach the P.O.M.O Position of maximum opportunity on DIA. With such a nice risk reward why not. My idea would be to play it via SDOW
This short is riskier, Vix 1hr and 15min are R/R. DIA and SPY 1hrs went green. You just want to note the daily went to sell on DIA, waiting for it to retrace up to the pomo'y area for a small risk trade.
Overall trading this way (waiting for a pomo that meets your bias) is about like a sore peter, you just can't beat it.
SDOW
DIA
SPY
This short is riskier, Vix 1hr and 15min are R/R. DIA and SPY 1hrs went green. You just want to note the daily went to sell on DIA, waiting for it to retrace up to the pomo'y area for a small risk trade.
Overall trading this way (waiting for a pomo that meets your bias) is about like a sore peter, you just can't beat it.
SDOW
DIA
SPY
Comment:
GAP and crap this morning as expect :) VIX 15 G, VIX 1hr about to go G, about to start playing VIX 5 min, once vix goes GG ill wait for it to retrace and start playing the 5 min trend.