I'm not trying for a bounce today.
I'm staying in cash and waiting for the next extreme oversold levels to catch the next bounce.
The
"System" says stay in cash/short and only go in for extreme oversold levels for bounces.
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I’ve been able to scan RSI on finviz
The implied vol across the leadership in QQQ's / 45+ says we could have 5%+ correction in that space.
If that happens the markets would tank and could see DJIA down - 1,100, S&P down - 135
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Brian, do you want what is happening with $HTZGQ? it looks like the NYSE Regulation has suspended trading of the stock. Is this mean the stock is worthless now?





