7/1/2024 Daily Recap

Another choppy day today, but we did have a strong close. VX got destroyed once again. We'll have to see how the market reacts to Powell tomorrow, but other than I don't expect much. I still have longer term short bias, TNX had a huge move up today and I expect that to continue. I'm ready for either outcome, we should get a big move soon after NQ chopping around 20k like this.
Chart PatternsTrend Analysis

You reap what you sow.

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The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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