RSI went oversold on that drop with positive MFI divergence.
That is bullish, and obviously there's money coming in again. I had already flipped my puts on the initial gap down with SNAP.
That is bullish, and obviously there's money coming in again. I had already flipped my puts on the initial gap down with SNAP.
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I'm staying away from tech, lol. Bought a few GM calls with profits from this week.
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Also bought a few UAA calls off taht gap fill and double bottom
that's a good cheap play if the market pumps small caps next week
that's a good cheap play if the market pumps small caps next week
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This chart actually makes really good sense.... rally into the Fed meeting, then decision time. Either breaks the channel or goes down depending on what POwell says
Trade closed: stop reached:
Got stopped out of my GM calls for a small loss
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Cascade....
I don't think indicators mean anything, there's a liquidity issue now.
Gotta play it by ear, like the COVID drop
I don't think indicators mean anything, there's a liquidity issue now.
Gotta play it by ear, like the COVID drop
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Bitcoin is also imploding, we'll see if it holds support at 30k over the weekend, if not then all bets are off.
It didn't even flinch at $40k, shot straight through
It didn't even flinch at $40k, shot straight through