The Grass is Always Greener in Hindsight!
Tuesday 15th October - Daily Update
I was going to make a comment about having to move the axis numbers higher again.
It feels like all the bears have been completely drowned out again.
I wonder when we get a red wiggle again “that nobody saw coming”…
5727 - 5745 is the line in the sand.
Daily
It is so easy in hindsight:
“Oh we just stay long when its green”
Doing it in the moment though can be another thing.
“Well, it has moved a lot. I will wait for a pullback”
I can hear myself saying this and I still do. If we just get a little better at believing the numbers rather than the stories. Knowing the outcomes helps.
“What if today is one of the 1.9% of days?”
Well it does happen 37 times in the last 2000 trading days. But we must go through all the other colours to get to black.
-8.8% move to reach that level. 532.
Can it happen? Of course, it can.
There is always a prelude. Look at the rainbow chart, there is always a first move. There is always a primer before the thing that no one saw coming.
One week ago we were talking about this level at 568.
VIXperation tomorrow.
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