Tragic Tuesday Wrap Up
Per popular request I put together a wrap up video of today’s sell off session. Despite server issues I was able to somehow squeeze in a post but if you missed some of the Zero today then you definitely want to watch this clip.
Textbook trend day – ignore anything but the most glaring divergences. Use zero mark touches to play the swings and to scale in/out of positions if you enjoy this kind of thing. Otherwise, don’t overthink it and let ‘er ride!
The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.
Before I run – a few more charts for my intrepid subs:
More charts and cynical commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
I’m actually a bit skeptical about the spoos right now as the AUD/JPY is dropping lower. ZeroEdge reported today that the carry trade had detached today and I agree but I’d still keep an eye on this sucker for early signs of trouble.
Happy hunting – keep it clean and don’t get emotional.