There are fewer bears and bulls left in the ballroom. The last few bears are struggling hard to survive since the SPY price is breaking record everyday but VIX does not fall quite much.
In the chart, there are lower resisting points but VIX/UVXY are trying hard not to touch them. RSI has higher lows no matter which timeframe you're looking from. and VIX ETFs all...
Gold may remain high as long as Dollar is cheap. Today it pulled back to a nice supporting level. Will it break down further? Let's see. Good luck with everyone's trades.
- The dollar is up today;
- The market is also ok. Does it mean the economy is recovering well?
- Multiple current events are still in place.
How low can you go? There seems to be more room for you. Why don't you take a break and then dive deeper if you really want to? For us, we can have a sip of water too to get ready for the next cardio... -_-