Retail numbers sucked, so of course XRT went up. The market is doing exactly the opposite of what it's supposed to do, lol.
A straddle on the China deal would have netted very little, so I was right not to play it. Fact of the matter is that they still haven't resolved anything, and Dec tariffs haven't been cancelled yet.
But in any case, I wanted to show the plot again just to show the disconnect between the market and reality.
Also, indicators are getting close to overbought, short when it does.
A straddle on the China deal would have netted very little, so I was right not to play it. Fact of the matter is that they still haven't resolved anything, and Dec tariffs haven't been cancelled yet.
But in any case, I wanted to show the plot again just to show the disconnect between the market and reality.
Also, indicators are getting close to overbought, short when it does.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.