Hey all,
I'm not making too much of this right now, but I am seeing some strong similarities to the post-March sell-off; I've highlighted key points on the chart to help you guys see what I'm seeing, and I have a projected move based on what happened in the previous sell-off. That being said, I am in no way betting on this to play out 1 for 1 as it did back then.
Right now, I'm cash, but I am looking for scalp trades long. I'll post them when/if I end up taking any. I think the downside needs a solid breather before we tear through the lows. I'm not currently looking to take shorts, but I will post opportunities as I see them- THINGS DON'T MOVE DOWN IN STRAIGHT LINES.
I'm not making too much of this right now, but I am seeing some strong similarities to the post-March sell-off; I've highlighted key points on the chart to help you guys see what I'm seeing, and I have a projected move based on what happened in the previous sell-off. That being said, I am in no way betting on this to play out 1 for 1 as it did back then.
Right now, I'm cash, but I am looking for scalp trades long. I'll post them when/if I end up taking any. I think the downside needs a solid breather before we tear through the lows. I'm not currently looking to take shorts, but I will post opportunities as I see them- THINGS DON'T MOVE DOWN IN STRAIGHT LINES.