Did the stop run in the overnight market to ES 1132 make the shorts run for cover? This market is trading heavy, and the complacency is getting thick. The chasers who can't stand to underperform and have cash burning in their pockets likely have already put money to work.
I give it about a 75% chance for a gap down on Monday, with the other 25% chance being for only a small gap up. Post options expiration hangover will be looming large on Monday.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment