Looking at not only the parabolic move which I never trust, but the volume, $TICK and relative performance between Q's and IWM, I'm going ahead with a short term, spec March 20th QQQ Put at $108. I may decide to increase it, but something definitely doesn't look right here, even if this is a quick scalp.
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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