[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.17527413 [View]
File: 91 KB, 725x891, reading.png [View same] [iqdb] [saucenao] [google]
17527413

>>17527155
Decided to go celtic cross for this one. Really isn't important to look at the cards individually, they basically lead me to this conclusion:

Going over the whole spread we see a common pattern of indecision and confusion. Being that this reading is for the market as a whole, I think all this indecision reflects that we are in a looking at a sideways market for a while, we will be in a flux between going up and going down. There wasn't a particular card that suggests recovery or apocalyptic decline. Despite the sideways movement we can expect, I wouldn't recommend using options strategies that benefit from sideways movement, i.e. iron condors, which benefit from low volatility. The spread suggest quite a lot of volatility still. Swing trading is perhaps your best hope at the moment.

Navigation
View posts[+24][+48][+96]