Nasdaq futures are breaking down this morning while S&P futures are hanging on to support.
I hold TVIX so this makes me happy, but I lack conviction.
Update: Looks like this sell-off might be the real deal. I added support levels on the Nasdaq.
I haven’t been scanning for longs but below are 2 clean setups that I’ve noticed.
Note: ABAT is a stock that I bought “ages” ago. It has a dangerous background that you probably shouldn’t touch unless you know what you are doing.
Both of these setups are similar where the stock runs up, pulls back lightly then accumulated on volume.
If you try to imagine a next day scenario, you can see that any up day will create a swing or a “vacuum” for higher prices.
This is bullshit.
Kindly and calmly continue making quality and timely stock trades good sir.
I like your emphasis on quality over quantity. Be patient. Don’t lose.
Thanks Mushroomz, I appreciate it.
I sold out of GLW and TVIX.
Lesson learned.