$Invesco QQQ Trust (QQQ.US)$$SPDR S&P 500 ETF (SPY.US)$$Dow ...
$Invesco QQQ Trust(QQQ.US$ $SPDR S&P 500 ETF(SPY.US$ $Dow Jones Industrial Average(.DJI.US$ People give way too much credit for extremely short term moves, from both sides, especially when it comes to futures.
Sometimes it will tank at open only to rocket towards several percent up by close.
Sometimes it will have a short lived rally before continuing to tank to new lows by close.
Sometimes it will even rally to power hour before giving up all its gains in the last hour of trading.
I'm extremely bearish on the overall market and expect a further (inflation adjusted) decline of 30% from the lows we've already seen, but I still have absolutely no more idea than anyone else how this week will trade; much less one day.
Sometimes it will tank at open only to rocket towards several percent up by close.
Sometimes it will have a short lived rally before continuing to tank to new lows by close.
Sometimes it will even rally to power hour before giving up all its gains in the last hour of trading.
I'm extremely bearish on the overall market and expect a further (inflation adjusted) decline of 30% from the lows we've already seen, but I still have absolutely no more idea than anyone else how this week will trade; much less one day.
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chowyunfatt : As long as you make money. TThat's all that matters
Violets : I wish someone would post that did. this is very confusing. they're obviously trying to get people out of puts which gives me bearish vibes but how far will they go and how far will they pump