In my last post, 8 days ago, I was saying "Stop shorting and protect your capital" ().
Nothing changes since the last post. We are still between a support and a resistence. The guppy is still bullish (all the analysis in the last post, nothing changes...).
So, same conclusion :...
Kindly reminder : as a trader, protect your capital must be your priority
On the social networks, i see many people shorting the SP500 , DJI and co. Please, stop it for the moment. PS : stop shorting doesn't mean you must long ;)
Many people are trying to predict the next leg down. OK, we can see bearish divergences but what more ? In a strong trend,...
So the punisher is coming after you Netflix. You are doing an amazing comeback, more than 50% from your last low ! And it's not finished ! But I'am going after you !!!
You are not going to fool me. If you are waiting me to short you now, you are wrong ! I can see you forming a nice bullish prennant with a target of 400. Even at 400$, I will wait a confirmation...
VIX's price action comprises 3 stages :
1) One volatility spike
2) A return to its old supports which have became resistences
3) Range phase
You can see on the chart this logic which is telling us to long around 14,5
PS: feel free to react (like/comment), it's always nice to interact ;)