Posted by chartboy on 23rd of Feb 2021 at 06:41 am
Yes, they do. But that is not what was happening yesterday.
There is a big difference between a post Exp hangover where
position need to be settled causing weakness on Monday and
liquidations that cause a gap down that breaks the neckline of a
meaningful Head and Shoulders and then fails.
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Thanks for the heads up.
SPY reversion to mean systems one went long
Posted by timebandit on 22nd of Feb 2021 at 07:15 pm
Thanks for the heads up. Will check for your comments in tonight's newsletter.
yeah well you know how
Posted by matt on 22nd of Feb 2021 at 09:32 pm
yeah well you know how it will work, the market will end up gapping up nicely tomorrow morning since I didn't email it out, that's how fate works LOL
Let me sell my SPY
Posted by retirefire on 23rd of Feb 2021 at 06:33 am
Let me sell my SPY puts at open... LOL
I was reading somewhere most
Posted by arun on 22nd of Feb 2021 at 10:42 pm
I was reading somewhere most of the corrections that happen around options expiration spillover into the monday and then reset.
Yes, they do. But that
Posted by chartboy on 23rd of Feb 2021 at 06:41 am
Yes, they do. But that is not what was happening yesterday.
There is a big difference between a post Exp hangover where position need to be settled causing weakness on Monday and liquidations that cause a gap down that breaks the neckline of a meaningful Head and Shoulders and then fails.