Well, I got that wrong... strong blast to ATHs!
The tape changed fast, very strong reaction to the FED decision:
GEX going balistic:
A GEX reading that high does not have to be bearish, the last time we reached those levels was on December 13, so this rally can go on.
As long it does: I am net long about 80%, on those levels I will not chase and add to system positions but ride the longs and only add on the part of my breakout trading.
QQQs had a follow through day (up on higher volume, after the rally on the 11 of September with higher volume):
Quads look fine:
Fed days are tricky, got that one wrong, but I did not initiate hedge shorts and there is no reason to initiate hedge shorts now.
All the best and best regards.
Andreas
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