again guys per my post below, one reason I really liked that
wedge and went long is because I've watched enough of these option
expiration days to know you don't get trend moves all day -
especially in the afternoon, you'll get volatility as all those
options are squaring up.
matt, thanks for that , i closed my short from yesterday at
profit and looking for next weeks move. do you expect another
bounce to resistance to reshort for next week or do you expect a
higher high next week?
again guys per my post
SPX 5 min
Posted by matt on 19th of Jun 2020 at 02:49 pm
again guys per my post below, one reason I really liked that wedge and went long is because I've watched enough of these option expiration days to know you don't get trend moves all day - especially in the afternoon, you'll get volatility as all those options are squaring up.
matt, thanks for that ,
Posted by imelhoe on 19th of Jun 2020 at 02:56 pm
matt, thanks for that , i closed my short from yesterday at profit and looking for next weeks move. do you expect another bounce to resistance to reshort for next week or do you expect a higher high next week?
I haven't thought that far
Posted by matt on 19th of Jun 2020 at 03:29 pm
I haven't thought that far ahead yet man, will be doing the weekend newsletter.
stats I posted this morning show odds favor a down week follow quad witch but we'll see.