Hello everyone! Today i want to share some technical analysis with you!
1.
$S&P 500(.SPX)$ Something is NOT right in the background, and UVXY knows it.
Bought some 10/20 & 10/27 calls, just in case a Black Monday does come to visit.
You rarely see a green UVXY with SPX rose 0.4% on the same day. Absolutely, one is wrong.
Here, I give UVXY the benefit of the doubt.
Image
2.
MPW Mid-week Update Posted:
(1) it is hard to imagine and review what has happened over the last three sessions. It felt like weeks.
(2) the final resolution will come, and a key indicator gives the strong signal for change.
Multiple stock market charts displayed with candlestick patterns, red and green bars indicating price movements, upward and downward arrows marking trends, horizontal lines for SMA20 and other technical indicators, text annotations like MPW 3-5 wave on right side, and a close-up of Wednesdays close missing SMA20 by 3 points labeled as bearish. Separate image shows a stack of newsletters with The Kobeissi Letter cover featuring a city skyline photo and market graphs in the background.
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