🖼 Daily Technical Picture 📈
➤ If we took a two day view of events, the S&P500 managed to make little headway up or down. Pre-data release, I eluded to people getting a bit over excited by bidding up the VIX. Of course, there was the excitement of the CPI data intra-day. That has all fizzled out for now.
➤ Now that all the excitement is over for another month, I think there is some positive bias here. I will put a bit of money to work. I'm looking for VIX to continue lower in the very short-term.
➤ That being said, all other indices such as the NASDAQ, RUSSELL, DAX etc all look very "messy" in terms of their price structure. I will leave them alone for now.
➤ I currently hold a +33% long exposure. The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
➤ Conclusion: All the excitement is now for the Football World Cup Final!
➤ If we took a two day view of events, the S&P500 managed to make little headway up or down. Pre-data release, I eluded to people getting a bit over excited by bidding up the VIX. Of course, there was the excitement of the CPI data intra-day. That has all fizzled out for now.
➤ Now that all the excitement is over for another month, I think there is some positive bias here. I will put a bit of money to work. I'm looking for VIX to continue lower in the very short-term.
➤ That being said, all other indices such as the NASDAQ, RUSSELL, DAX etc all look very "messy" in terms of their price structure. I will leave them alone for now.
➤ I currently hold a +33% long exposure. The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
➤ Conclusion: All the excitement is now for the Football World Cup Final!
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✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
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✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.