I'm tired of the Nasdaq, not sure what's going on in the market. Keeps pushing up for no reason. Anyway, this is a two weeks chart, looks like DOW is pushing to break up the consolidation. Some stocks like
CAT
already broke up. I wouldn't be short even in VIX is in the basement. It may pull back but not much. This is a new era. Indicators means nothing, just see price action.
CAT
already broke up. I wouldn't be short even in VIX is in the basement. It may pull back but not much. This is a new era. Indicators means nothing, just see price action.
Comment:
Not a bad idea to buy calls here and wait for the break out. I bought futures:
Trade closed: target reached:
Closing after break out: