USD - Be Careful - SSG Inverse volume rising
I'm still long, but with tight stop losses.
The spiking RSI and MACD rising to the moon have me watching carefully.
We've gone nearly parabolic.
SSG, the inverse fund is seeing huge increases in volume. Looks to me like smart money is betting on a crash.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
The spiking RSI and MACD rising to the moon have me watching carefully.
We've gone nearly parabolic.
SSG, the inverse fund is seeing huge increases in volume. Looks to me like smart money is betting on a crash.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Comment:
SSG Inverse Semiconductor ETF
Comment:
I sold 1/2 of my USD position today as it dropped from 105.50 to 104 and bought into SSG at 13.92 with a small position. It started up, then dropped a couple of ticks. I'll add if we start up.
Comment:
I've put Stop Losses at 104.30 to capture gains on the rest if we do fall.
Comment:
Timing was good, got out at $105. Bought SSG the same day, did well in USD, doing well in SSG. I'll look to buy back in if USD gets near the 200 Day MA. Qualcomm news hurt USD today again I think. Now at $98