Our observations and comments on Stocktwits don’t always reflect our short-term trading calls, published in the members section daily. So we thought we would share with you our calls since 6/1.
6/1: "still a moderate net advancing day….setup not "ripe" enough yet for entering short."
6/2: "IWM and RTY show an upward coiling pattern. This supports the general rise in price for $SPX $NDX IWM."
6/3: "Overall, market internals and price actions still favor the bulls on Wednesday."
6/4: "Minor Dip scenario… going from Support1/2 back up to Resistance1/2."
6/5: "The buying momentum is quite strong….Note that we do not think prices will revisit the support zone today."
As one of our members pointed out, an entry into IWM on 6/2 per our call would result in over 8.5% gain by today. An entry into TNA would result in almost 27% gain.
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