This is more about intraday parabolic move, you know I don't trust them, they tend to fail as fast as they rise.
SPY is not as bad really.
The Q's look troublesome intraday, this to me is a fade trade.
IWM may look the worst, again until we have more data, at most this is an aggressive fade trade.
Futures Update BR-EXIT Edition
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So the conventional wisdom couldn't have been more wrong. Those chasing
risk and closing hedges couldn't be in a worse place right now. I would
still remin...
10 years ago




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