If we get a pullback in the averages and the 1 min chart holds up and we have at least 2 min charts positive (a 1 min only is a 50/50 chance between a move and a consolidation, add the 2 min chart and the probabilities go way up for an intraday move) , I'm going to have next Friday or maybe even tomorrow's in the money calls tickers ready to essentially play a day trade with weekly options.
I'm letting you know ahead of time because if it happens and looks like a decent set up, it will happen quickly and I'll want you to have this information already to know what I'm thinking about doing. Good signals are good signals, even if it is only a 1 and/or 2 min, with some leverage, they are worth something.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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