$SPDR S&P 500 ETF (SPY.US)$ Bulls you do not want Futures hi...
$SPDR S&P 500 ETF (SPY.US)$ Bulls you do not want Futures higher, you want them low as can be into the Open. No reason to let any Sellers get out at a higher price at 9:30 & there are a lot of Sellers waiting
Algos are still trading so a Bounce to do some "squeezin" can be traded but you will have MOO & MOC Orders to Sell this week. The set up isnt great going into next Holiday wknd so all the noise today & any bounce gives you an opp to Sell.
I will use the Selloff & fear to add Calls options but no reason for Bulls to get too excited since any move up will be suspect this week.
Some people act like they have a week to get rich, slow down :o) $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $JPMorgan (JPM.US)$ $Alibaba (BABA.US)$
Algos are still trading so a Bounce to do some "squeezin" can be traded but you will have MOO & MOC Orders to Sell this week. The set up isnt great going into next Holiday wknd so all the noise today & any bounce gives you an opp to Sell.
I will use the Selloff & fear to add Calls options but no reason for Bulls to get too excited since any move up will be suspect this week.
Some people act like they have a week to get rich, slow down :o) $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $JPMorgan (JPM.US)$ $Alibaba (BABA.US)$
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Eddie Jauriqui : patient patient patient I've been patient enough you guys need to put money in my account how's that sound