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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.755+4.4%3:42 PM EST

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To: Tweets Boar Hog who wrote (1470)9/7/2021 1:14:27 PM
From: robert b furman  Read Replies (2) of 4424
 
Hi tweets,

Often down into WWW does happen - the need to balance the books in advance of expiration (next week Friday).

So the usual is down on Tuesday and a nice reversal on the following Wednesday. Today's offset is +2

Not sure if Monday's holiday changes that price action.

New Moon's (which was yesterday) usually pull prices up. There is a long term time study that trades off the red cycle and green cycle. Red cycles is almost at no return and green cycle is very profitable. Green cycle generally starts 2 - 3 days after the new moon.

So we have the new moon bringing better odds and of course after tomorrow the offsets are very supportive with 6 of the next 7 days all having modest negative offsets:-1, -1, -6 -1' +2, -1, -5' +8, +2 all the way into expiration.

Expiration week is often good one day and ugly the next with a lot of volatility, but usually working the range of this week.

Interesting info about your cycles, Thanks for sharing.

Bob
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