The chart below is that of the 10 yr yield we are now in the panic phase to 1% or just below .Based on cycles and longterm channel . I think over the next 10 to 15 days the world should see the PANIC OUT OF RISK INTO THE ALAMO THE US GOV 10 AND 30 YR
I do not think it matters.. There can never be any panic when ppt and algos buffer and reverse any market trends . It is done automatically in milliseconds. When the bagholders show up evidenced by long hairs out the bottoms of candles with matched closes they will bend the trend, just like the last 20 times they did it. You must remember private investors are only 6% of the market. Pension funds, hedge and wall street WILL not permit a crash. The only exception is when the counterparty is loosing money to too many premium sellers (sellers of call and put contracts) if this is the case they sometimes hammer the market down to shake out the level 4 accounts. Also those who buy naked calls or puts *still* cannot make money as the market will deliberately climb slowly enough to match the depreciation of the call contract. Thus my trade strategy in this insanity is as follows..
^wait for sell off on one day candles which follow a doji candle.. once the selloff commences do nothing until trend break to downside.
Invest 25% of portfolio and sell as soon as it meets back to the 14 day MA. Thats it! no calls no puts just straight stock.
Do expect a double bottom.
erfrerd
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I don't exactly understand. Will the panic raise VIX and cause a crash on SPY?
^wait for sell off on one day candles which follow a doji candle.. once the selloff commences do nothing until trend break to downside.
Invest 25% of portfolio and sell as soon as it meets back to the 14 day MA. Thats it! no calls no puts just straight stock.
Do expect a double bottom.