In my last post, 8 days ago, I was saying "Stop shorting and protect your capital" (). Nothing changes since the last post. We are still between a support and a resistence. The guppy is still bullish (all the analysis in the last post, nothing changes...). So, same conclusion : enjoy the ride and stop shorting ;) Clément
We can see a bullish crossover between traders and investors ! Also, the price is above the 60EMA which is bullish too (cf July and September in yellow on the chart) Clément
Kindly reminder : as a trader, protect your capital must be your priority On the social networks, i see many people shorting the SP500 , DJI and co. Please, stop it for the moment. PS : stop shorting doesn't mean you must long ;) Many people are trying to predict the next leg down. OK, we can see bearish divergences but what more ? In a strong trend,...
So the punisher is coming after you Netflix. You are doing an amazing comeback, more than 50% from your last low ! And it's not finished ! But I'am going after you !!! You are not going to fool me. If you are waiting me to short you now, you are wrong ! I can see you forming a nice bullish prennant with a target of 400. Even at 400$, I will wait a confirmation...
VIX's price action comprises 3 stages : 1) One volatility spike 2) A return to its old supports which have became resistences 3) Range phase You can see on the chart this logic which is telling us to long around 14,5 PS: feel free to react (like/comment), it's always nice to interact ;) Clément