Great to be back after a restful few days. Wanted to restart trading on Thursday but did not like the market behavior.
Coiling, basing, narrow range ...whatever word or phrase you want, but it will break out next this week
I lean BULLISH
Very small LONG
Holding TLT CALLS & UVXY CALLS
BIG TECH earnings, I think they will be better than expected
I am buying DIPS for the next week or two and leaning LONG but will change quickly
FED hike, then PAUSE and markets will rally