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Read/Watch Time: 26 min
We have talked about the markets getting to this point.
The $VIX is where we thought it would be.
The S&P500 is there as well.
So, I have reduced my long positions and have added some short positions. I might be early.
I plan to add to my shorts as confirmation gets stronger.
Markets don’t travel in a straight line, so I expect the Bulls to put up a fight. Should be fun.
Please feel free to teach this to your family and friends. We appreciate the referrals.
Here is the video link: https://squiggletrader.com/wp-content/uploads/2022/12/Markets-Update-BMR-Peak-12062022.mp4
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer
This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk, and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted.