I’m not sure how to approach this steverobin . I think it’s
better to observe breadth and price action tomorrow before we get
an idea. One option is to just buy SQQQ so we can trade it after
hours as well.
I personally don’t believe we are going to crash.
We have jobs numbers Friday. Which typically is bullish for
market.
I had tesla puts for Friday but I closed them last minute
because I was concerned if we get a new month inflows rally.
yeah wouldn't surprise me to see a bounce from here. that said a
bounce has the potential at least to form a RS or lower high on the
QQQ's, however from a timing symmetry you would need that bounce to
occur over about a week or so,
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Which expiration and strike?
I think we will see a decent bloodbath before friday. ...
Posted by steverobin on 28th of Feb 2021 at 04:44 pm
Which expiration and strike?
I’m not sure how to
Posted by arun on 28th of Feb 2021 at 05:18 pm
I’m not sure how to approach this steverobin . I think it’s better to observe breadth and price action tomorrow before we get an idea. One option is to just buy SQQQ so we can trade it after hours as well.
I personally don’t believe we are going to crash.
We have jobs numbers Friday. Which typically is bullish for market.
I had tesla puts for Friday but I closed them last minute because I was concerned if we get a new month inflows rally.
Thanks for the reply! I
Posted by steverobin on 28th of Feb 2021 at 07:06 pm
Thanks for the reply! I don’t think we will get a big pull back from here. The SQQQ is a good tool to have available
https://www.ig.com/uk/indices/markets-indices/weekend-wall-street
Posted by matt on 28th of Feb 2021 at 05:32 pm
https://www.ig.com/uk/indices/markets-indices/weekend-wall-street
yeah wouldn't surprise me to
Posted by matt on 28th of Feb 2021 at 05:34 pm
yeah wouldn't surprise me to see a bounce from here. that said a bounce has the potential at least to form a RS or lower high on the QQQ's, however from a timing symmetry you would need that bounce to occur over about a week or so,