Wow, that was weird, lol. NQ MFI went overbought premarket, they tried to pump bad news, sold it off, and now the market is pumping it anyways, lol. What an insane market.
I figured something was wrong when BITO went green so I dumped my puts at a loss, could easily have regained my loss if I had bought BITO calls, oh well.
Very obvious at this point that the algos want that gap fill above. No shorting until then, BTFD. The next dip will happen when RSI hits overbought.
I figured something was wrong when BITO went green so I dumped my puts at a loss, could easily have regained my loss if I had bought BITO calls, oh well.
Very obvious at this point that the algos want that gap fill above. No shorting until then, BTFD. The next dip will happen when RSI hits overbought.
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More whipsaw, lol, probably because MFI went overbought again
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Crazy whipsaw day, staying out, watch it cycle back up again, lol.
Chasing a whipsaw day is an easy way to lose money a little at a time. I'll let the dust settle and go back to the indicators.
Chasing a whipsaw day is an easy way to lose money a little at a time. I'll let the dust settle and go back to the indicators.
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Remember how I said BTC tracks garbage stocks, well cryptos are up today which means more than likely they do yet another short squeeze on garbage stocks. Watch out for that.
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BTFD, lol. What a dumb market.
No idea what it's doing but I bought TLT puts since it's the only thing that makes sense. We're getting at least 2 more rate hikes
No idea what it's doing but I bought TLT puts since it's the only thing that makes sense. We're getting at least 2 more rate hikes
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Reagrdless of which way the market goes the rate inversion has to be fixed