What goes up must come down (even just for a little respite ) . The markets have been soaring like eagles higher and higher on the winds of wishful thinking and flights of fancy .The time is now for a reality check . Alphabet Inc (GOOG) just posted earnings and came up short of those flights of fancy expectations . The strong but vurnerable markets reacted with a rapid drop of over 5% on alphabet Inc stock ... let the nail biting commence , I'm shorting the Nasdaq 100 right now as it needs to let off pressure of buy, buy ,buy and stimulate more action ...Today 30 April is a sell pre market and opening bell for me .If,nay when I find myself in profit I'll set a tp1 of 7,749.6 but hope for more dollars up stocks down.
NAS100USD
NAS100USD
Trade closed: target reached:
Took a little more than tp .See what tomorrow brings possibly go back in if it drops once more put half profits from today on the line .
Trade closed: target reached:
Went back for more after the market fake out ... sitting pretty with deep deep green , take half on tp and ride my luck pre market ... ride it til the wheels fall off.