Discussion: $IWM and $QQQ big pull back?

2018年6月27日

Currently, I am quite bullish positioned. Overall speaking I think in the middle- and long-term the market is bullish.

However I think for IWM and QQQ there is a quite high possibility (50%) of a fast pull back which is comparable to Feb 2018.

If we ought to see the pull back, it should happpen either this week, or MOnday next week. While I am not bearish positioned, my mind is ready to purchase weekly puts.

My dear readers, what do you think?

2018年6月27日

註釋

if this week we see one trading day IWM trys to fill Monday's bearish gap and fails, then I will exit all my DIA and SPY long positions. If we see two such day, then I will buy weekly puts directly.

2018年6月27日

註釋

then I will buy weekly IWM puts directly.