The initial move is always wrong. We spiked and the COLLAPSED in a ceremonious “fuck you” candle and now we’re stabilizing.
I took this dip to add to my FNGU position and start a new one in MTTR. Before the Fed I swapped WCLD for FNGU because SAAS just wasn’t acting good enough. My best take is for a rally, only because the Fed is more or less what we expected and the market IS oversold. The backdrop of war is a negative one but if a diplomatic solution can be reached, bears will rue the day they were born.If you enjoy the content at iBankCoin, please follow us on Twitter