Mean reversion will start kicking in soon. It's been an awesome ride up from the lows in early June. I am short with a swing trade without leverage, but also looking to grab a tight entry on any spikes up, or strong shifts in the trend (big down day, big VIX spike). Bears could be targeting 2800 or 2750 again, and much deeper, possibly 2350 or 2400 on a major sell off.
Disclaimer: This is not financial advice. This is my own trading position in my own account.
#ES #SPX #stocks #trading #crypto #bitcoin #eth #ethereum
So what are the general conditions of the SP1200 where does crypto stand with respect to stock movements? Is there any kind of interaction between the markets?
This is the stock market! Not crypto currencies. @CosmosSynthetics
Correct me if I'm wrong but are you telling us that your pre-warning us to switch coin before you personally make a big sell off of etherium significant enough to affect the price? I personally think etherium has amazing potential.
thanks Noob... working as planned so far..... long way down
Testing images in comment section. There is a big seller at 3025.
Arkankraft, I use more tools than moving averages, but I don't feel like sharing the others. They are secret :)