I just couldn't resist guys, I mean c'mon... today it perfectly settled on my top Megaphone pattern line prediction from weeks ago. What a TView post bait.
Every bar above this line since June 9th is red. It can't hold above this to save it's life... shit is crashing down soon.
Where else it gonna go? #SPXSideways4Life
Coronavirus panic round 2 and/or dismal Q2 is most likely crash trigger at this point.
You'll see me back around on the regular when the time is right B).
@ProfitHarvest, Does anyone know how the market typically fairs the week after the 4th? I told myself I'd go 50% short if we hit 3150 today but I'm having reservations. Even if Monday is a down day I feel like I'll get in around 3140 giving me some piece of mind over the weekend. I like your chart Profit Harvest but which movements are you using to trigger your trades? It's nice to hear from you again BTW. Have a great 4th if I don't hear from you!
ProfitHarvest
⋅
@z3m25, No idea, someone is probably covering it on here though.
Things looking bleak for the coming weeks, why do you think Credit Suisse set July 2nd to delist TVIX (RIP)?
Odds are they have deep inside info and know the shitstorm could happen any day after that point.