Missed the short call, but I was mostly in spread trades. Took
off directional trades weeks ago. It's been a painful few weeks,
until today. QQQ's (my primary index for years now) still just came
down and touched the 18 EMA (QQQ Daily). The fact we did it in one
day with no ABC type action suggests to me that we bounce and take
at least one leg lower, but I'm sure we'll get some expert
commentary on that from Matt or Steve tonight.
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Missed the short call, but
in spite of the occasional intraday divergence or nominal dip ...
Posted by jtsurfah on 3rd of Sep 2020 at 04:48 pm
Missed the short call, but I was mostly in spread trades. Took off directional trades weeks ago. It's been a painful few weeks, until today. QQQ's (my primary index for years now) still just came down and touched the 18 EMA (QQQ Daily). The fact we did it in one day with no ABC type action suggests to me that we bounce and take at least one leg lower, but I'm sure we'll get some expert commentary on that from Matt or Steve tonight.