RTY Update

2022년 7월 8일

Realigned the overlay, bad news doesn't matter the algos want the gap fill.

Probably staying out of the market for a week or two since it could wind up being a melt up, will still post updates if I wake up early enough

2022년 7월 8일

노트

Looks to me like the market has decided to squeeze the shorts out of everything including crypto. All kinds of garbage stocks green today.

Pattern isn't quite the same but expecting a March-like rally. Not gonna trade when crap like RBLX, MSTR, COIN shoot up 7%+ after gapping down.

2022년 7월 8일

노트

Looks like the short squeeze is over. Decided to short BTC directly with 13.5 BITO puts instead of screwing with MSTR which went green while BTC was red today.

Not sure what the market is doing, probably just a margin call on shorts this morning.

BTC is still tracking my overlay, the market isn't. So I took the easier play.

2022년 7월 8일

노트

Looks to me like the market is forming a pennant today. In any case, pure whipsaw.