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BottomBounce

10/04/21 1:48 PM

#18033 RE: trendzone #18032

Banks on Track for Busiest Ever Year; In the first eight months of 2021, companies had deals worth more than $1.8 trillion in the U.S. https://www.wsj.com/articles/deals-deals-deals-banks-feast-on-merger-bonanza-11631007002 $UVXY $VXX
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tw0122

10/04/21 2:03 PM

#18034 RE: trendzone #18032

Fed won’t allow energy to fall as its patriot Big Banks have trillions in derivatives plays here. This is one reason why I’m out of a rare UVXY long day trade.
Shorting UVXY at its peak today the new play. Flip the script long to short as reverse repos higher then Friday and 10 year rate pretty stable.

Buy the market dip