As you can see, the Hanger hit my red arrow target last night, and I'm expecting a small bounce from this oversold condition. If it bounces then so will futures, which means a gap up tomorrow.
Not feeling terribly bearish right now, and this bounce isn't gonna be enough to make me bullish either.
Not feeling terribly bearish right now, and this bounce isn't gonna be enough to make me bullish either.
Note
The number of deaths and confirmed cases keep increasing and more business closing, flights cancelled, etc. This has the potential to get much worse. Might be worth some MCHI Feb puts....
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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.