TGO member (and potential new members);
Awesome session this morning as we covered the 'dead bat bounce' and how China is trying to put lip stick on a pig and stabilize their markets. We reviewed what happened in the past when the PBOC & Chinese government tries to step in and save markets (it isn't good) and how we're trading this bounce. The market is doing exactly what it did last week...
We covered a bearish trade on AAPL and a new BURNER TRADE on FXI.
If you couldn't attend this morning or missed anything please watch the replay at the bottom of this page.
New AAPL bear call spread:
New FXI Burner trade:
FXI bear call spread:
New FXI puts: