Here is a reader request for one of the charts from yesterday’s video. I was up late visiting friends and basically woke up, covered my positions and went back to bed!
I had to shrink is a little so it would fit. Hopefully some of you followed me in this trade as it was highly profitable and at the very least you should have been in cash and NOT LONG. I’m flat as of today’s close, waiting for some of this oversold condition to work itself off. Yes I didn’t catch the bottom, but you’ll never catch the top or the bottom of any trade. If I see any other interesting charts that I think will shed light on where we’re going I’ll post them later on.
