The market is ready to roll. I think that last Friday's lower is the mid-term low. The market has tested the low and now going up higher.
One thing wants to point out that on last Friday, GS stock was strong. It didn't down with the rest. This morning, BSC is up too. (comments on 9:00 am)
The previous comments was written before the market. It was totally contradicted to my Friday's comment. Now it provides that my Friday's comment was right. The market is not turning yet. I am seeing it going down. (comments on 11:30 am)
At noon, it turned and heading higher. But it closed at flat. At 1:15 pm, I entered UA at $61.87. It is a mid-term hold. So I will do a 60-minute trade.
I unloaded Apple Sep 130 call, following the 30-minute TAs. The reason I used 30-minute is that it is option and a short term trade. (commented on 5:00 pm)
Today Summary and tomrrow plan:
From VIX and Tick, it confirms that the market will still go down a little bit. At least it will be volatile. Sell UA first thing in the morning, as it has already reached selling point from 30 minutes chart.
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