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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (62777)6/15/2022 1:27:46 PM
From: ajtj991 Recommendation

Recommended By
Lee Lichterman III

  Read Replies (1) | Respond to of 97558
 
You may be forgetting about the algo's that are waiting for the post-Fed moves.

With a mid-week op-ex today, there will be plenty of gamma squeeze ops available the last 1-hour and 45-minutes of the session.



To: Sun Tzu who wrote (62777)6/15/2022 1:46:44 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
skier31

  Respond to of 97558
 
I agree but always remember, crashes tend to occur when markets are oversold. I guess it's because everyone expects a bounce from oversold readings so when supports fail and stop losses start firing, the floor drops out.
Hopefully we don't see that. I remember the Asian contagion and watching supports fail over and over again. It was brutal.


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