This is in line with my longer term idea posted before. Short term, I do suspect this is a local bottom.
My thesis is, we now pump going into september. Calling this a bit early, should wait for US open to say so, but I see strength in FTT (iykyk).
Invalidated quite quickly if we go lower, especially after the US open or if SPY decides it wants to die without a bounce. Nancy pelosi is providing plunge support tho.
My thesis is, we now pump going into september. Calling this a bit early, should wait for US open to say so, but I see strength in FTT (iykyk).
Invalidated quite quickly if we go lower, especially after the US open or if SPY decides it wants to die without a bounce. Nancy pelosi is providing plunge support tho.
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F. Long term still valid, but this failed miserably. Apparently loom like ltc now.
