Steve, for the supply and demand plays, is there a best practice as to where to place a stop loss?  For example, you had supply at 4010-4034.   Would 5-6 points of room at 4040 be appropriate?  Thank you. 

    Best to then shift to

    Posted by steve on 27th of Feb 2023 at 11:34 am

    Best to then shift to smaller time frames within the zones - prefer to see some topping pattern and/or divergences

    Now up nearly 100% on those Puts (hope no one chased that bounce into supply)

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!