just came to say so much for my 539 thesis, looked like it would be the magic number for a day then it fell apart
just dca-ing
stay safe everyone
put call ratio near 1, vix 45m fear and greed at 5. these are at bottoming numbers. but the larger question we need to ask is if this is an actual new bear market where we don't top again and go on to former lower lows or if the bull trend is intact and this was just a correction
Markets usually bottom at max fear …. Ive deployed 30% of my bankroll on Friday
I think this crash is a politically manufactured fud by Trump and it has a good chance of resolving in the coming weeks. It could continue as well since Trump loves the attention.
Im thinking next week we hit a short term bottom before a bounce… then it could V-shape or crash harder depending on news/data
Ima dca in slowly into the coming weeks