no dumb questions (mostly LOL). yes we are forming a doji so
far, it's also an inside day meaning the candle is inside
yesterday's candle, though that's not hard considering yesterday
was almost a 10% move. If it wasn't Friday I'd be much more excited
about some bottoming action here. However technically price
maybe be trying chop out some sort of low. Will be interesting to
see how traders act the last 1hr and into the close before the
weekend.
I do think if someone avoided being long during this mess it's
not a bad risk/reward to try a starter position long on the
market.
Posted by retirefire on 13th of Mar 2020 at 03:04 pm
thanks Matt, also I notice he SPY call options that I sold
earlier are much lower in price even as SPX is higher. I didn't
expect to see that. MAY 15 296
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
no dumb questions (mostly LOL).
SO on SPX daily are we building the doji candle ...
Posted by matt on 13th of Mar 2020 at 02:45 pm
no dumb questions (mostly LOL). yes we are forming a doji so far, it's also an inside day meaning the candle is inside yesterday's candle, though that's not hard considering yesterday was almost a 10% move. If it wasn't Friday I'd be much more excited about some bottoming action here. However technically price maybe be trying chop out some sort of low. Will be interesting to see how traders act the last 1hr and into the close before the weekend.
I do think if someone avoided being long during this mess it's not a bad risk/reward to try a starter position long on the market.
thanks Matt, also I notice
Posted by retirefire on 13th of Mar 2020 at 03:04 pm
thanks Matt, also I notice he SPY call options that I sold earlier are much lower in price even as SPX is higher. I didn't expect to see that. MAY 15 296