Description
⋅ No reason for Japan to break out to new ATH when the rest of the world isn't. All pumped up because their PM resigned, doesn't fix any real issues.
Overbought on daily
Comment
⋅ Note: I'm bearish on all foreign markets, lol. I think Brazil (EWZ), S Africa (EZA), and Korea (EWY) all resume the tank next week.
Comment
⋅ I think the whole world goes red next week, but premiums are much better on foreign indices.
A lot of times I'll short EWZ (Brazil) instead of US indices. I'm going with Asia for the weekend. Good luck.
Trade active
⋅ Snagged some puts today for next week, not sure why it tried to fil the gap, but that covered the spread for me.
Comment
⋅ I was close...