Several Rides Today Expect the rollercoaster. Since a trade in post market yesterday I have completed 4 trades 2 short, and 2long. Using lower share quantity then usual but easy to read and take profit on cut off prices not being greedy. It will not run and right now I am on a short off a price near high of day. Up 22 cents, expect you will see this be 44 cents. Price will drop as day proceeds just above or below the prior close.
Decisions cannot not be made until Powell finishes this testimony. Thereafter, off low, I am leaning possible to a big trade long HVU/ Uvxy. Market Friday likely to continue selloff trend and the Europe Italy and Germany will raise risk to market into Friday.
If on HVu look at your high price and market solely on my observation can dip 4 to 7% below high price. Thereafter expect we see week high on Friday, possible is 10%/15% gain off Thursday low.
Glta Manxcan