The Silence on ET is deafening

i faded yesterday's gap down, still holding some took profits on the close yesterday on 1/2 tho, still up 3% on remaining lots, will stop out if we dump on the rest.
 
I sold off some of my inverse funds...

looking to get in on this drop extremely soon,

looking at

UWM
UYG
DDM
SSO
QLD
 
My target is 115 for the SPY. Everything is telling me that the market is oversold, but it seems like there is no bid underneath. No one is willing to step in.

My guess is that it sells down to 115 before any bounce. Im not jumping in on the long end until I see a bid underneath the market.

Its just not there.
 

Attachments

Quote from jreynolds212:

My target is 115 for the SPY. Everything is telling me that the market is oversold, but it seems like there is no bid underneath. No one is willing to step in.

wow no one is stepping in to buy. :p
 
Back
Top