watch for the equity put/call ratio to spike up towards 90 as a buy signal in the coming days
If i forget about it someone remind me lol
Full time trader and investor specializing in Elliot Wave Theory, market psychology and macro cycles.
If anyone missed the short opportunity this morning, wait for this next bounce on LTF and look to build shorts into lower highs across any risk/speculative asset
HYG looks ready for a short term bounce with a 5m bull div - underside bearish retest of 80.20 would be the cue to add to shorts or build them
Built my GME short here as the 3m chart looks to roll over. Potential complete ABC for wave 2 - should get a strong move down over the coming days in confluence with HYG.
Tight stop at 22.90 - if i get stopped out I will just reload the short higher at 22.98
22.82 is a huge level so looks like a potential bearish retest