Both the last high and the last low are consistent with a retest...
We are at about .50R level here.
Posted 30 December 2016 - 09:19 AM
Both the last high and the last low are consistent with a retest...
We are at about .50R level here.
Posted 30 December 2016 - 11:09 AM
Let's see if 102.80 can hold, that is likely to be tested VST. It looks that the selling just started.............
Edited by redfoliage2, 30 December 2016 - 11:09 AM.
Posted 30 December 2016 - 12:42 PM
My RUT weekly cycle is really ugly
would most likely drop to 1280 area for RUT.
NVDA could be a short candidate.
I am really not trading because I reduced the stock accounts with a plan to
average in over 2 years and hope the gold allocation works in the meantime, to hold up the
stock accounts that I have.
Lows in RUT should be at 16 and 25 weeks. May be useful to see what end of Jan Bradley turn looks like.
I am definitely against bonds, debt, income things and would rather take the pain coming in stocks however.
I'll try to get some UVXY calls after long weekend.
I increased the amounts I will cost average into stock accounts going forward made room in the budget for it.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan