Violent swings
These violent swings and whipsaws show that traps are everywhere especially in a bear market. It also shows that rallies are not sustainable, likely due to:
1. It’s the shorts that are covering
2. Buyers exhaustions
Have shared a lot of times - it’s still the short the rip season
Watch out for key resistance levels before shorting or buying puts
From YouTube
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $ProShares UltraPro Short S&P500 ETF (SPXU.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
456632345 : Every time I get higher in a bear market, I run for the bookmaker
Warren E Buffett : You forgot what’s actually happening on your list of possibilities is the fact that the market makers have pinned this thing down right where they want it. This is the sweet spot for them to profit on all the options they have outstanding.
Cow Moo-ney OP 456632345 : That's right!
Cow Moo-ney OP Warren E Buffett : Spot on bro. It is likely that they are controlling it at certain price range to wipe out option premiums from both bears and bulls
取个名字好难丶 456632345 : So retail investors should run along