Fake Out!
Fake Out!
2:11pm EDT: Those bastards faked me out – should have held those puts a bit longer. But it was starting to look pretty precarious and then suddenly selling hits out of nowhere (watch the Zero right now). Meh – based on the comments I saw I wasn’t the only one who was falling for this one 😉
Good news is that we have a nice channel to the downside now. Stick with this one and don’t let spikes get you out of your remaining puts unless we see a border breach.
Folks – we might just hit our target range today – I would strongly recommend to close out the majority of your postions before the EOD. We had a good run – let’s not test our luck.
2:24pm EDT: The ole buck is in our target zone now:
I might have to rethink my wave count as a bounce here could slaughter equities. Also, TNX now at 3.37% – this is start to look like a developing dislocation to me.
3:01pm EDT: We went from overbought to oversold in one day on my stochastic index grid:
BTW, this is for my Zero subs – they’ll know what it’s about:
3:55pm EDT: Just a friendly warning:
Might be a late warning but not much damage done yet. Might be a good idea to take partial profits.
