All based on technicals and not fundamentals.
Large volume and divergences tell me we will see a pump, along with option calls holding there value regardless of todays large drop. Means there is interest and buying of them.
Small cap June is here and large caps will do nothing.
Large volume and divergences tell me we will see a pump, along with option calls holding there value regardless of todays large drop. Means there is interest and buying of them.
Small cap June is here and large caps will do nothing.
Trade active
Contracts up over 300% TODAY aloneNote
kinda crazy I called this before institutions are even buying in. Day after I posted this and bought my position, volume spiked to levels not seen in months.
Note
its a good spot for re entryNote
*Sits up in chair*Trade active
This is forming a bottom for longer term structure. When we see fake outs like this with all indicators still pointing up, its worth it to watch for a re entry. I took profit a day after posting this, for this exact reason.Note
tik tik tik aaaaaand boom
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.