5:31pm
My coin is right again~! :) give it some credit. it says tomorrow is down.
3:08pm
XLF lead the break down. I believe SPY will follow.
2:26pm
Quite some volatile movement after the FOMC announcement. Nothing much, some already-priced-in news.
Energy sector and financial sectors are diverged sharply. I had the idea a few days ago that in the new downside movement, energy and commodities may have its own track and may not be in the same pace with the broader market. But when we go back to data, when two sectors diverged, financials lead the market!
1:45pm
A good short entry point for the day.
1:28pm
Many reverse ETFs are in a bottoming process. This morning’s dip leaves a nice double bottom for SRS.
1:18pm
Today’s gap was closed 10 minutes ago. As I said, we have 7 unfilled up gaps since this 666 rally and it’s very hard for the market to hold another gap. So any gap up is a good short opportunity. Financials are still weak. VIX has a nice reverse pattern when it extends out of the BB on daily chart. A nice reversal for bears.
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