Volatility diverged up Tuesday, QQQ puts were under 10c
Tuesday July 23, 2024. UVXY chart 15-minute had a double bottom and MACD divergence to the upside. Signaling volatility was going to go up, and when that happens, the market goes down.
The QQQ 465 puts expiring July 24 were around 1 or 2 cents yesterday when the divergence occurred. You could have also gotten in this morning for under 10c. Prices rose in under 3 hours to 80c, by the end of the day $2.
This is just one example of the incredible opportunities that can arise. By joining us on Fed Day, you'll be equipped with the knowledge and insights needed to spot these patterns and make informed trading decisions. Don't miss out on the chance to achieve similar impressive gains.
Act now and be prepared for the next Fed Day! Sign up today and take the first step toward transforming your trading strategy.
Fed Watch During Trading Hours
with Dale Wheatley
July 31, 2024 1:30 - 4:00pm Eastern
Only $149 $97
