Replies to post #28391 on ETF SWING & DAY TRADING

[rcptrader]

positiontrader,

We are in breakout mode. Normal rules don't apply.
As soon as there is some wiggle room relief in the intraday overbought conditions, more buying kicks in which later on will trigger the short squeeze to come.


Maybe tomorrow or Weds, the bears will get some temporary relief.
The 30 min VIX is flatlining which means more down coming. More down for the Vix usually means more up for the markets.