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LagunitaLLC
4 mag 2020 02:13

NASDAQ (05/04/2020)- Short entry Short

US 100 IndexTVC

Descrizione

FA
Warren Buffet sold all Airline stocks.
FED Repo will slow down
FED Securities buyback will be lowered this week.
newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details
Gilead will start to make move this week by donating their drugs to Cov-19 patients.

TA
SPX Future is showing a drop of 1%.
RSI in coiling up in 45m chart, preparing for a short re-bounce.
The target for Monday drop: 8500
Entry time around 30 minutes -1 hour after the market opens due to FED's repo.
VIX comes back, high volume is expected.
Open high, close low.

Good luck.
Commenti
borislavrabrenovic
Will it go down on last hour?
LagunitaLLC
@borislavrabrenovic yeah, Monday is the short entry
borislavrabrenovic
@LagunitaLLC, and again goes up without logic
Pichi88
@borislavrabrenovic, market is getting into none sense I would not even be surprise seeing oil at $60.
I see that some companies start applying into bankruptcy but NDX looks like is not getting affected...
LagunitaLLC
@borislavrabrenovic, I think people are buying up big tech companies as a save heaven. That's 1 reason. Another one is the loan interest is so low, so big companies will take advantage of it to borrow money and buy back their shares. Stock will be still ridiculously high.
neozaru
@LagunitaLLC, also the Federal reserve wants the whole thing to stay up. A Nasdaq bubble burst is the last thing they need.
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