Don’t Fear The Chop
Chop is tradeable as long as we focus on the market that is not the market we wish it was. This is a bullish chop, and the follow-through favors the bulls. Here’s a look at the chop AND the trends in this environment.
Chop is tradeable as long as we focus on the market that is not the market we wish it was. This is a bullish chop, and the follow-through favors the bulls. Here’s a look at the chop AND the trends in this environment.
Even when markets were down sharply, many thought traders would bring the markets back to even, as no one wanted to be long or short into the CPI number.
I cover the $SPY $QQQ ES AND NQ FUTURES, $DXY $TNX $SKEW The Neutral Strategy, Earnings and ECON data scheduled.