I'll get in to more detail, but I believe we pullback early next week and broaden the base, I'm moving out of URTY and TQQQ longs and back in to SRTY and SQQQ shorts for that process and will likely move back to the long positions after I see the base formed.
I believe there's a high probability of a strong upside move next week, especially on a stronger base, but for now, I'll trade the downside and be on the side of highest long term probabilities.
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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