My last post was private – only for clients – and I noticed that it did not create that much value because some of you are not willing to pay for this service. I will reconsider the purpose of the private posts because those were created when R Option had subscribers vs clients.
To focus, that post said that this market is different than 2015 and 2019. That I am more cautions over all. If you want to read that post, give me your email and I will create a user for you.
As of now, the market has retrace from the recent highs but the risks are still there.
Check these links for daily returns of NQ and SPX – The Volatility did not kick in yet. If bears want to really push now is the time. If they are not able to sell more inventory, bulls might have a short term opportunity
Here you have see how the NQ 100 is -4.6% as of yesterday close and the zone of 12500 is the next key low. I am a believer that nobody can know with certainty future price actions, thus I do not know if we will get to 12500 in the future.
