More Downside In the Future - How about Now?
A very standard .786 retrace for VIX when it comes to a bear market. To me, I'd love to see VIX falls to level around 16 or 17ish to open shorts. However, it's worth watching at this level and speculators should be aware of another round of sell-off, which could happen at any moment.
In the short term, I do believe there is still room for NQ to go up, but for at most 2 weeks, another round of sell-off should arrive.
In the short term, I do believe there is still room for NQ to go up, but for at most 2 weeks, another round of sell-off should arrive.
Transaction en cours
Now, this is a good area to open trades. Not opening too much yet just to stay cautious.Transaction en cours
Adding up to 30% shorts from 10% 12 hours ago. Still patiently watching.Note
Loading to 65% shorts from 50% on yesterday's VIX. Still watching...Note
Wow truly sucks I forgot to update my post even though I am online like everyday... Def still bearish with equities, and option trading will be really hard given a higher VIX is very likely to happen...
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.