29 Oct, 2018

Trade of the week 10/29/2018

I think there’s a good chance that we get a small rally this week. This may be just into November but should be a tradeable rally. I’m watching the IWM and the SPX for a signal of going higher short-term.

If oil looks like it’s bottomed, I’ll most likely look into GUSH or another oil ETF.

This Market is very unpredictable right now and I am being extra careful. The Futures are mixed as I type so I most likely won’t buy this at the opening bell. Is also very likely that I will buy a partial position due to the increased uncertainty and volatility in the market.

More to come! Trade green my friends!

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