Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months. Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few sha...
$Crude Oil Futures(SEP4) (CLmain.US)$ Oil had a solid green day yesterday when OPEC mentioned possible production cuts to stabilize volatile oil prices. This shows that they favor these high oil prices. There were talks that the Iranian nuclear deal will take longer than expected to reach a close of the deal. Part of the Iranian nuclear deal will allow Iran to release its oil back into the markets. This is one of the main reasons OPEC mentioned possible production cuts. Monda...
13
20
2
Report
iamiam
:
I was looking for the vote! i vote HIGHER!
SpyderCall
OP
iamiam
:
I was hearing the oil trumpet yesterday. oil is trying to end this downtrend it seems. still need a little more to go. possibly very soon.
SpyderCall
OP
SuperMusk
:
only two videos. the quality is kind of poor. I'm just starting off. you know testing the waters, getting my feet wet. I'm going to post more videos with potential long or short opportunities. But I'm just beginning so the content will come over time
Up down again so what do the charts look like $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$$Invesco QQQ Trust (QQQ.US)$$ProShares UltraPro Short QQQ ETF (SQQQ.US)$With all the bullish moves we never broke resistance. No RSI indicator signals, but MACD has clearly rolled over. I am expecting it to test 14400 at some point in the near future, from there support will determine more upside or downside. *update- today could very well be green and QQQ to test 360, with a VIX crush before...
+9
28
45
2
Report
iamiam
OP
:
**everything is turning bearish at open
iamiam
OP
Thelord
:
(markets are forward thinking) transports move the goods if they fall it means goods arent expected to move so signs of a slowing economy.
Imso
:
but looking at NQ looks over brought from 1-4 hrs timeframe... not sure will it be a strong rebound after fomc minutes... just like 2 weeks ago nq rebound strongly after fed meeting
Micro Crude Oil Futures(SEP4) Forum
look like this is about to do a v-turn
Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few sha...
Oil had a solid green day yesterday when OPEC mentioned possible production cuts to stabilize volatile oil prices. This shows that they favor these high oil prices. There were talks that the Iranian nuclear deal will take longer than expected to reach a close of the deal. Part of the Iranian nuclear deal will allow Iran to release its oil back into the markets. This is one of the main reasons OPEC mentioned possible production cuts. Monda...
$E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ With all the bullish moves we never broke resistance. No RSI indicator signals, but MACD has clearly rolled over. I am expecting it to test 14400 at some point in the near future, from there support will determine more upside or downside.
*update- today could very well be green and QQQ to test 360, with a VIX crush before...
Checking in on some tickers I'm in and an update on the usual NQ, VIX, OIL, GOLD, SILVER (as close to current as I can since futures are still trading)
$E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ $Invesco QQQ Trust (QQQ.US)$ Finally topped but is trading in a range, looking for NQ to break to the downside and confirm a longer downtrend, but it could still bounce out of the range, or bounce around in it for a time.
$CBOE Volatility S&P 500 Index (.VIX.US)$ $VIX Index Futures(SEP4) (VXmain.US)$ Was overs...
Sharp drop in Oil are moving markets higher.
No comment yet