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Member’s Video for Friday August, 11th 2017
We are starting to look at the short side here with new IWM put debit spreads and GLD call debit spreads, but let’s not loose respect for this 9-year uptrend and realize that carving out this top and walking away with the prime cut of trading meat will be a process and not a single event.
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Hi Todd,
We have a big (Tier 3) short FXE trade. Maybe we should cut it in the light of recent events?
Thanks,
Dmitri
Hello Todd, I had a question on the NDX 100. It is after the close on Friday and I am on the 1hr chart. You mentioned seeing a possible beginning of a 5 wave move to the upside with wave one complete. Do you see wave two complete? Or is there one more wave down in a 5 wave move down as a flat?