The Fed stepped right up to the plate and started minute [iii]. SPY hit the 62% retrace and futures indicate a sharply lower open tomorrow. Hope you guys loaded up short today. Dipped below that red support and almost made it to the lower BB. Tomorrow will be really interesting.
Fed marks the start of Minute [iii]
The Fed stepped right up to the plate and started minute [iii]. SPY hit the 62% retrace and futures indicate a sharply lower open tomorrow. Hope you guys loaded up short today. Dipped below that red support and almost made it to the lower BB. Tomorrow will be really interesting.
This is probably the only time we are going to see a market like this in our lifetime. So lets make the best of the opportunity. I am going to concentrate on mainly trading the S&P 500 index using Elliott Waves and other TA. I will mainly be using puts and calls on SPY, but at times will trade SDS and SSO also. Do your own due diligence of course. Do not take any of my commentary and technical analysis as recommendations to purchase stocks or options. I do not currently trade the E-minis.