US 30: CUP & HANDLE UNDER TL

업데이트됨

There it is; double bubble under the TL; test of resistance.

Critical juncture: may reject from Tl and sink further, or breakout higher to rally. Maximum risk now; holding no positions.

Longer term: Extremely Bearish.

Trade at your own risk! GLTA!

노트

Took up small positions in SPY/QQQ/DIA October puts ITM spread diagonal with OTM weeklies on this EOD rally. See if it gets follow thru Weds or consolidation.

노트

Got the handle in today's cup. There is a gap to fill up to 26450; it may never fill but there is the retracement target; 50% Fibo retrace on the drop is ~26500.

노트

It forms a wedgie in the 15m last hour at EOD...

노트

Futurz flipped; looks like the short side will pay today after all. I would not bet on a countertrend rally here; the trend is still down. Short any rally! GLTA!

DaddySawbucks