Just when are we entering a jump start scenario of oil M/A?
even though KMI stock price cut into half.
better not be. I feel bad for my clients. the time I am making big profit for them is the time when this kind of sh*it thing spit on fan. I will donate all profit out of one of the legs to whom? where did this happen?
The market is taking a lesson.
above 33 tag.
today's volume looks good and support going higher. again, technical trading has no fundamental to support its buy/sell algorithm other than riding momentum up/down. in fact, gold is trending down even in its positive territory. We have experienced this type of trading for a while. Trader can't ignore gold price forever, but we can't deny variation of day-to-day fashion change.
technical trading is like a kindergarten playground for kids like me.
Afternoon we will get you from your back.
Tuesday is an example of a downward spiral. This cycle is finished by now. It doesn't mean UVXY has to soar because the market has expected S&P in the downward spiral. Leg 1-2 are in loading stage. Leg 3 is release of all excessive risks. 3 sessions are long enough.
Excessive here means Net or Differential. I expect somewhat positive on S&P today, but drastically down on Tuesday so that the Excessive volatility is maximized. Get it?