Retail numbers sucked, so of course XRT went up. The market is doing exactly the opposite of what it's supposed to do, lol.
A straddle on the China deal would have netted very little, so I was right not to play it. Fact of the matter is that they still haven't resolved anything, and Dec tariffs haven't been cancelled yet.
But in any case, I wanted to show the plot again just to show the disconnect between the market and reality.
Also, indicators are getting close to overbought, short when it does.
A straddle on the China deal would have netted very little, so I was right not to play it. Fact of the matter is that they still haven't resolved anything, and Dec tariffs haven't been cancelled yet.
But in any case, I wanted to show the plot again just to show the disconnect between the market and reality.
Also, indicators are getting close to overbought, short when it does.
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