3rd rising wedge in April rally about to break

29 thg 4, 2020

2 previous rising wedges saw a 6-7% retracement. I expect the current wedge to break shortly. Could fall anywhere between 2720-2800 in next few days

30 thg 4, 2020

Giao dịch đang hoạt động

Seems like sell in May idea is becoming more real. Will update shortly.

30 thg 4, 2020

Ghi chú

2 thg 5, 2020

Ghi chú

Exited all my positions on Friday @ 2830 (CBOE Put Options on S&P). Even if I didn't reach my target range of 2720-2800 it's never too early to exit and take profits. In the market there are bulls, bears and pigs. Bulls and Bears make money, but pigs get slaughtered. They are too greedy.

Congrats to all my followers.