not one fundamental comment, just cats chasing a laser light called price. Meanwhile those selling calls are getting 50% premium one month out and theta
In mkts that move up to 80% down, take what you have, divide by twenty, place buys into the lows, each buy a small tranche, so no worries, it averages. My first limit buy set at 1990.
quants have advantage here, they can find everytime the market based flat this close to ath, then a tiny base high. Going to be a move soon, but retail needs quant access.
if you are down, you bot too late, and that is the real story of money flow. When you feel genius and happy, that is almost always a bubble they set up to take your money within months
This was once again, over two weeks, a setup to lure bears in, create a gamma squeeze toward bull. That means unrelenting action one way, once they reverse, which they practiced a few times and then wham, +4.5% since 5/19 twilight. One more visit to only 13.2 possible, with that TL channel, but more likely to keep running 2% more.
the algos are getting smarter in crypto, those stuck above are being given zero chances to get out at par, except the initial, fast bounce. This has turned into a grinder, scant hope for traders
The ten yr is only 1.64, dead flat, I don't quite buy the freak out; pull chart out, just a large chop area. It does keep attacking Jan 8 parabolic day however, I think that is its real goal, can't get under that. That was the 5% run in two days
I dislike crypto but I do trade it, at a slower pace than nq. I just looked, off of 25K I am down in total.....thirty dollars in crypto acct. Why? Because when you trade futs for five yrs f/t, crypto, as weird as it is, does not fool a trader