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Vandalayind

06/11/20 12:22 PM

#316054 RE: fitzwell11 #316047

Back to back weiner candle on the AMZN daily.

DowDeva

06/11/20 12:29 PM

#316062 RE: fitzwell11 #316047

I posted several times that one of the clues to failure of the rally was SVXY struggling to keep up (in a real rally, it surges ahead). However, I have to tell on myself. I posted on another board that we are on a 3 of 3 on Monday and that negative divergences don't work in 3 of 3's. I was getting ready to sell a significant amount of puts at a great loss.

Then I realized what I just did, didn't close the puts, called in sick for FOMC day and waited.