High Tide #4 Head Fake
Just when it looked like High Tide #4 was receding to begin Low Tide #5 , the Tide began to rise again and High Tide #4 lived on, now up 21% from Low Tide #4 . Is it common for a High Tide to rise over 19% during a hurricane ? Well, both the Dot-Com Bubble and the Great Recession each had 3 High Tides rise over 19%. Same Course And Heading as yesterday: Preparing some boats to depart around the 2000 - 2200 Tide Level . Keep cruising (hold) existing positions (even though the hurricane is likely not over, the market could rebound sharply and calling these boats in now would miss the bounce.) No short positions planned. Click here for an update on Hurricane Corona Fair winds and following seas! Trading Tide Levels : High Tide ( S&P at 2630) Rip Tide ( VIX around 51) Subscribe to 10KT Newsletter Learn More About 10KT Facebook Twitter This is for informational purposes only and the information provided does not encompass all