SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: ajtj992/27/2022 9:50:45 PM
  Read Replies (1) of 97431
 
If the overnight action remains above 4252.75ES, the Oct 1 lows, things still look positive, IMO. I know that level has been pierced by about 1.25 points tonight, but that should be a key level over the next couple of days.

This is the price you pay for having the SPY gamma squeezed up on Friday.

It could also be a great buying op for those who missed out late last week, provided they understand the risk and use proper risk-mitigation like stop losses and margin discipline.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext