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markettimer777
Mar 23, 2020 1:33 PM

UPRO - ALL IN - judgement call - could be wrong Long

ProShares UltraPro S&P 500Arca

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Comments
jacobit
;)
paulnospam
It looked to me like there could still be a small wave 5 down into the end of the month or so.
markettimer777
@paulnospam, agree w u
paulnospam
@markettimer777, I also look at the volume pattern, especially for bottoms, e.g. the ratio of NYSE advancing to declining volume. It really spiked today, but there was also a gap up, and gaps are usually filled.
mikhail_bobrov
What happened to your analysis? Just yesterday you expected bottom on march 30/31 and today went long???
misterkel
Yep - You could be wrong.
TontonFlingueur
Wasn't it supposed to be the 30 the rebound?
markettimer777
@TontonFlingueur, sometimes I have to make a judgment call. Don’t want to get thrown out at home plate here. I was expecting further collapse not a bounce
TontonFlingueur
@markettimer777, sure and markets are changing quickly. With the fiscal bill I'm expecting a bounce until the 7th of April (bank reserve model shows us the small window for a bounce) before resuming to new low.
Do you have any update taught on the situation?
You should do live on YT, I de be really interested to chat with you.
MystryBox
Fell right to the monthly HULL 500 and is moving up off it. Like magic. Check it out.
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