Check out last ideas (they worked out great). Same bias, bears everywhere, a lot of buyers of PUT options. In my plan there is full recovery from the downside and going to ATH levels in ~100 days. check out the left side of the chart for similar moves.
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Shorting is not an option. Just buy it.
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2755 now
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Elections are done. Up we go!
Trade active
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Bought SPY and QQQ here. I would call this a year bottom. Go Algos, Go!
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We had 2 major bottoms: one on 30-31 october, second one on 20 november.
Next stop should be at 2920 zone.
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QQQ and SPY are rising +1.8% and +1.5%. Just as planned by the timing.
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That finaly did work out in the end. But the risk was too much to call this idea "good one"