You're probably wondering why I have been posting a lot of bearish content lately...its for a reason trust me
Inflation is going to destroy the market, its going to happen before you know it
The bubble is bursting, tech is diving, medals and asset based companies are skyrocketing!
Don't get caught holding an expensive bag, if your still going long in this market...the least you could is hedge yourself with puts...even then, that might not save your longs:/
IWM is about to break this bear flag and trendline support to the downside
I would look for a short term bounce at daily demand but I don't expect it too hold long term, 185-190 is my main target range by late July...at this rate, it may happen sooner than you think.
Positions:
6/18 215p (will add July 200p once confirmed break of trendline support)
Inflation is going to destroy the market, its going to happen before you know it
The bubble is bursting, tech is diving, medals and asset based companies are skyrocketing!
Don't get caught holding an expensive bag, if your still going long in this market...the least you could is hedge yourself with puts...even then, that might not save your longs:/
IWM is about to break this bear flag and trendline support to the downside
I would look for a short term bounce at daily demand but I don't expect it too hold long term, 185-190 is my main target range by late July...at this rate, it may happen sooner than you think.
Positions:
6/18 215p (will add July 200p once confirmed break of trendline support)
