$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$tomorrow better becareful. as MM is above the max pain for SPY. day trade this and don't get stuck on one narrative or another. we are going to bounce between zones.
then Friday is going to be a net upward move, until the bears give up their options. and for the love of god stop buying options, MM will want to eat your options both ways. you only buy options to hedge against your portfolio. not to YOLO.
Tuesday they killed the bulls. Wednesday they killed the bears. it was very obvious Tuesday they collapsed the market because of OPEC+ meeting yesterday. but OPEC+ didn't add additional cuts on other countries, Saudi and Russia is still committed to cut supply in behalf of OPEC+.
the narrative is still oil versus the USD. is going to be a long kangaroo market between these zones. oil is already pricing in a recession in the supply end.
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