🖼 Daily Technical Picture 📈
➤ If we took a two day view of events, the S&P500 managed to make little headway up or down. Pre-data release, I eluded to people getting a bit over excited by bidding up the VIX. Of course, there was the excitement of the CPI data intra-day. That has all fizzled out for now.
➤ Now that all the excitement is over for another month, I think there is some positive bias here. I will put a bit of money to work. I'm looking for VIX to continue lower in the very short-term.
➤ That being said, all other indices such as the NASDAQ, RUSSELL, DAX etc all look very "messy" in terms of their price structure. I will leave them alone for now.
➤ I currently hold a +33% long exposure. The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
➤ Conclusion: All the excitement is now for the Football World Cup Final!
➤ If we took a two day view of events, the S&P500 managed to make little headway up or down. Pre-data release, I eluded to people getting a bit over excited by bidding up the VIX. Of course, there was the excitement of the CPI data intra-day. That has all fizzled out for now.
➤ Now that all the excitement is over for another month, I think there is some positive bias here. I will put a bit of money to work. I'm looking for VIX to continue lower in the very short-term.
➤ That being said, all other indices such as the NASDAQ, RUSSELL, DAX etc all look very "messy" in terms of their price structure. I will leave them alone for now.
➤ I currently hold a +33% long exposure. The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
➤ Conclusion: All the excitement is now for the Football World Cup Final!
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.