Bulltrap?
➤ S&P500 sold-off again in more dramatic style. Even the VIX responded in kind. Dropped below support level with ease.
➤ I have closed my short positions and currently parked 100% in cash. I am waiting for the next entry signal. 0% exposure means a wait and see approach with no directional view for the time being. The maximum exposure is +/- 200%, the level of highest conviction.
➤ I hope prices don't repeat the price action in early June. I was only able to capture the very beginning of the move down and missed the big move afterwards. 😞
➤ Conclusion: Did someone say Bulltrap?
➤ I have closed my short positions and currently parked 100% in cash. I am waiting for the next entry signal. 0% exposure means a wait and see approach with no directional view for the time being. The maximum exposure is +/- 200%, the level of highest conviction.
➤ I hope prices don't repeat the price action in early June. I was only able to capture the very beginning of the move down and missed the big move afterwards. 😞
➤ Conclusion: Did someone say Bulltrap?
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.