Just saying !!! It's a big gamble
No if it gets to 17.20 I would hold 1st resistance point is above $18 . But it's all a guess high frequency trading makes the game plan tough for sure betting against a computer and patterns change often . Yuck
Hmmmmm those that have traded this know this is possible just saying . Might not be ready yet
There are way more factors at play than the rate. The media is using that as a last ditch hope to prop the market I do believe . Media test wording and options market moves in a given direction and auto pilot begins once again.
Etf s are a risky sector this is what type of trading environment some traders love. A lot of risk but the reward can be huge if you can get a good edge in the right direction . Credit Sues is doing a reverse on a couple Gold ETF s Oct 1 my guess is this sector will move slightly after that . Of course that's a hunch I've been trading back and forth with Xiv and Tvix and it's working so far .. But 9 1/2 per factory goods in the down direction for Germany and China smells like something will give . Believe me I have no problem taking a profit or loss .
Banks that didn't listen will be done that's what makes the s&p move one down another takes its spot and so on
I have a feeling he does this once again and if the plant does get going and contracts are made there will be plenty of time to buy then . I say .02 in less than a week or close to it .
This is what happened a few months back