Posted by mrjasongill on 22nd of Apr 2022 at 04:51 pm
Here's a daily view of SPX showing that lower uptrend line we
closed against....I'm guessing we move higher on monday and we have
a big coil setting up.
Thanks for this chart. I bought a very small amount here but
think it may go a little lower and then possibly rebound to the
upper lip?
Put/call is pretty high at 1.3 but the McClellan indicator is
not outside the bollinger bands yet. In this market, it would not
be unexpected to see a big washout and go below the bollinger
band.
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Here's a daily view of
Posted by mrjasongill on 22nd of Apr 2022 at 04:51 pm
Here's a daily view of SPX showing that lower uptrend line we closed against....I'm guessing we move higher on monday and we have a big coil setting up.
Thanks for this chart. I
Posted by cozz101 on 23rd of Apr 2022 at 07:32 pm
Thanks for this chart. I bought a very small amount here but think it may go a little lower and then possibly rebound to the upper lip?
Put/call is pretty high at 1.3 but the McClellan indicator is not outside the bollinger bands yet. In this market, it would not be unexpected to see a big washout and go below the bollinger band.