Hello Spacerunner. Im a newbie so follow my thoughts with a grain of salt..lol. Nevertheless, Dow broke record highs today and the SPY has had a long run up. Im looking to be bearish again towards end of week or early next week because the SPY can't go straight up. Look at SPY chart. Im watching TVIX or UVXY for a bottom.
Hello Spacerunner. Im a newbie so follow my thoughts with a grain of salt..lol. Nevertheless, Dow broke record highs today and the SPY has had a long run up. Im looking to be bearish again towards end of week or early next week because the SPY can't go straight up. Look at SPY chart. Im watching TVIX or UVXY for a bottom.
Im also watching gold prices to hit bottom. When gold goes below $1000 an ounce, I may buy JNUG or NUGT.
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