$SPX on days like today, even after hedging off some of the
risk, I have to keep in mind how stretched things are away from the
5 and 9 day moving averages. Honestly frustrating it can take weeks
to climb up like that and then give a bunch back in 3 days. How do
they say "stairs up, elevator down". Classic:
$SPX on days like today,
Posted by fundamentalvalues on 16th of Dec 2022 at 11:50 am
$SPX on days like today, even after hedging off some of the risk, I have to keep in mind how stretched things are away from the 5 and 9 day moving averages. Honestly frustrating it can take weeks to climb up like that and then give a bunch back in 3 days. How do they say "stairs up, elevator down". Classic:
https://schrts.co/qQhGiayS
schrts.co
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