Big options expiration on the schedule on Friday morning tells me that I think it's too early to expect meaningful selling.
I would expect that the market bounce from this congestion area where we are currently and trade in a tight range.
I would still be cautious being on the short side, and if you are, make sure you are trading "light and tight"
I would expect that the market bounce from this congestion area where we are currently and trade in a tight range.
I would still be cautious being on the short side, and if you are, make sure you are trading "light and tight"
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.