Who’s In The Nasdaq And What Are They Doing?
Last week, the Nasdaq100 fell. In the previous episodes I said, “I’ll be looking to short the Nasdaq100 if the 15,000 remains a resistance. Shorting it to next support level at 14,680. However, if that 15,000 turns support, I’ll be looking to buy the return of the bulls—at least back to 15,200. What do you think?”.....
I quickly look at the risk potential going into tomorrow markets. I am 98% Cash with a small position in CVX calls. I am also not trading tomorrow. I see lots of potential downside risk.