Well it looks like the market finally SOLD OFF like i how i predicted, but it did not SELL OFF like i wanted it to do so. Looking at this market from a WEEKLY chart it seems like the sell off may be ending sooner than expected. HOWEVER, that does not mean that the market will retrace right back up as quickly as it descended, nor does it mean that it will not continue to pullback, just saying. Moreover, it is possible that for the next couple of weeks, or maybe even for the next month or two the market may trade sideways and then move bullish (but that is no guarantee).
At this point, one might even ask themselves how to play this one. Quite frankly, there are many different ways to GET INVOLVED in this market, and one of them involves OPTIONS! How one decides to play the options is up to them, but according to the VIX, which happens to be spiking at an all time high since 2012, now is the time to get into some premium options plays, or one can always play the options by trading some options long term (which one decides play the options depends on the level of confidence that one feels as an investor or trader)!
Long story short, although the current currency wars seem a bit eerie for some investors and some INFO WARRIORS (lol), it may in fact be time to be considering a new approach in this exciting time in the market!
Happy Trading fellow Traders!
At this point, one might even ask themselves how to play this one. Quite frankly, there are many different ways to GET INVOLVED in this market, and one of them involves OPTIONS! How one decides to play the options is up to them, but according to the VIX, which happens to be spiking at an all time high since 2012, now is the time to get into some premium options plays, or one can always play the options by trading some options long term (which one decides play the options depends on the level of confidence that one feels as an investor or trader)!
Long story short, although the current currency wars seem a bit eerie for some investors and some INFO WARRIORS (lol), it may in fact be time to be considering a new approach in this exciting time in the market!
Happy Trading fellow Traders!