Very unscientific, unsystematic 'indicator' that I sometimes
look at: wallstreetbets sub-reddit. When they are 'end of the
world is here' bearish and telling each other not to wake up the
next morning, it is a huge bounce the next trading day. They
were super negative from Friday to Sunday.
But that SPY system trade - I did take it on Friday after the
close but boy it was the scariest thing to go long at the end of
endless drubbing all week... Got one call option and small amount
of 3x ETF.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Very unscientific, unsystematic 'indicator' that
Posted by lapri24 on 22nd of Jun 2021 at 01:30 am
Very unscientific, unsystematic 'indicator' that I sometimes look at: wallstreetbets sub-reddit. When they are 'end of the world is here' bearish and telling each other not to wake up the next morning, it is a huge bounce the next trading day. They were super negative from Friday to Sunday.
But that SPY system trade - I did take it on Friday after the close but boy it was the scariest thing to go long at the end of endless drubbing all week... Got one call option and small amount of 3x ETF.