Dingdingking
2.8K posts
@Dingdingkingg
Day- & swingtrader. På marknaden sedan 2005
#OMXS30 2 år och +1000 punkter senare börjar vi nog närma oss en större topp. När denna korrektion är klar(2160-2200?) ser vi sannolikt 2600+. Men de närmaste 2 åren är det nog klokt att vara lite mer defensiv.
Enough is enough. Short it here with SPY 690 puts, expire 4/17. An ending diagonal of a w-5 is almost complete at 7000 level, which is also heavy resistance zone from previous ATH. This is not the top of this bullish run, only the top of W-3. A W-4 will bring SPX to sub-6800
6812--that should be it [My target range]. Buying 4/20 SPY 675 puts and will keep radio silent till next Monday. GLTA.
#OMXS30 3 år senare, i kanaltaket från 2000. Vad blir nästa katalysator? :)
I don't know why, but August tends to have these big and out of the blue volatility events. Last year it was the yen carry trade unwind. We've had Iraq/Kuwait, debt downgrades, Russian Ruble, Asian contagion, etc over the years. Just buckle up is our advice.
Xauusd gld meeting demand
Breakout from range that was tested twice before ramping higher. I see a small upside potential now. Small caps(1) and spx(2) are both looking pullback ready in bullish content.
