Keep an eye on the UVXY, the levered volatility ETF, over $24.37 today in case we get a spike lower in the tape after the FOMC Minutes.
While I am not a fan of getting too technical on these instruments, you can see the well-defined level on the intraday chart, below.
What are you trading this morning?
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This morning? Right in front of the FOMC? Seriously? Waiting until the minutes come out to do anything – no reason to rush at this point that I can see.
lol you are? you can say u won’t do it. the aggressive tone isn’t necessary here. thank you very much
fuck u bitch
this is AMERICA
There are some names making decent moves. See if they stick.
Hey Chess, would you say SPX is in a bearish bat pattern since July 23?
I don’t put much emphasis on the bat pattern. Too easily lends itself to bias, in my view, especially with the projections, etc.