Hello Everyone,
Following the large red candles the past two days, both SPX/QQQ put in narrow range indecision candles (doji candles) which we can use as lower risk guides tomorrow. Market makers likely selling puts after the big drop to collect premium with OPEX this week. Favoring some type of bounce attempt but don't believe the bottom is yet in place so let's see how things unfold tomorrow.
ES Levels posted in trading community.
Please take a moment to look at the trade ideas.
