I am thinking 1-2 days from closing shorts. A big flush out is probably coming Fri/ Mon. Depending on indicator, it shows 1-3 days from a tradeable bottom. When things get volatile, I bring out the whole set and take an average. That said, things point toward Monday but I will probably at minimum pull off 1/2 tomorrow
Usually this is 1 day late, on the Aug decline, 2 days late
NYA maybe 1-2 days from stochs bottoming
NYUPDN volume maybe 1-2 days to get into yellow zone
Not enough positive divergence here. Too early for longs
I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...