Accumulation phase on the 4hr has us retest lows before Spring. DP's were unloading all week. We shorted this bad boy in our room and loaded March VIX 25C's.
What is a bad boy?
If most traders are believing we are going down, the big trading houses will squeeze them, which is what we are seeing this am premarket. SPY open interest for this week expo is in the high 195 range, so I'm waiting a few days to get a better entry for shorting SPY. Thanks for your charts, but why are the indicators unlabeled?
If most traders are believing we are going down, the big trading houses will squeeze them, which is what we are seeing this am premarket. SPY open interest for this week expo is in the high 195 range, so I'm waiting a few days to get a better entry for shorting SPY. Thanks for your charts, but why are the indicators unlabeled?