Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
i honestly don’t expect it. But we have the megaphone slingshot up pattern on the hourly. Should make for more upside
Plenty of opportunities in both directions.
Ultimately it's now a short the rip environment going forward.
Prediction failed, it ended up more than that. Fail!
No, j/k, great call on the ES. Very nice.
My energy focus netted me 6% gain on my entire account today. A lot of great economic news premarket the initial move definitely seemed like bs. It's creating some excellent mid morning entry points as nervous traders sell out of good positions far too easily because of broader market jitters. ATH up 23% today, BTE strong; both highly leveraged plays on Oil price.
The news out of Asia is turning Copper back up might be a good play into next week.
Last edited:
I think almost every trade should be sector oriented in this market. And the bullish/bearish outlook in each can change daily.
Best garbage today could end up being gold, silver, and copper miners. Gold is a little precarious though so I have limited exposure. Monday has been positive for metals almost every week this year.
Ever since OPEC + decided that they were going to maintain the production limits, the bid on crude and distillates has been rather relentless. The market was not expecting that.