MC_Official
Sep 23, 9:33 PM
Here’s why I wasn’t interested in chasing calls today.
The broader market backdrop wasn’t exactly friendly to upside:
🛢️ Crude pushing higher
📈 10Y and 30Y yields climbing
🌪️
$VIX moving higher
📉
$NQ and
$ES both under pressure
When oil, yields, and volatility are all moving higher together, I’d rather be selective than force a bullish trade.
Sometimes the best position is simply waiting for the environment to improve.
Protect the capital, wait for the setup, then strike. 🎯
$SPY $QQQ
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