At the OR-60, on Opex Friday, we see most sectors in the upper half of their daily range.
Many are close to their HOD. If multiple sectors burst thru, expect a big spurt in the indexes. Key to watch are XLF and XBD, both quite strong in absolute terms as well as intraday RS.
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te_fern wrote:Please remind me what that means? Will the low of the p-bar be revisited at one point? Thx!
yup
Whoa Nellie! That there YUP is actually a theological assertion. It is a matter of faith that a phantom bar reading will be revisited. And indeed it tends to.
But the saying of a flat YUP is quite an act of faith--and should be seen as such. IT DOESN'T HAVE TO.
Coolbizones twitter comment- "If you like massive volatility, leverage and CAN MANAGE RISK, BITCOIN futures are the way to go U can use STOPS and profit STOPS. Hourly ATR is huge $263.
Heavy margins $10333/contract.
Its amazing to trade this instrument personally."
My comment- Not me brother, you go right ahead and show us how it's done!
Sometimes I wonder if he's not up all night trading the stuff. He does seem to know what he is doing....
IMHO our fehro is as good/better than any of them
Recall one time he shorted the crypto FOUR MINUTES BEFORE it mini-crashed
(true story)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Bank of Japan injects liquidity into carry trade and FOX news broadcasts an erroneous report about Senator Rubio. Market takes off. Senator says no I did not cave in. Market retraces 4 or so of the 10 handle move and sits. Time for a new trading plan for the rest of today!