Not oversold yet, if you're looking to play the bounce, I suggest waiting until next week.
I anticipate an Israeli attack before Monday anyways.
I anticipate an Israeli attack before Monday anyways.
Nota
That is some strange ass shit this afternoon, the afternoon traders treated the midday drop like a gap, filled it and dropped as soon as SPX went green.Wish I had closed out once then reopened, but I didn't see that coming at all and I bought next week's puts. Just waiting for Israel to bomb Iran
Nota
You'd be crazy to hold a long position overnight anyways, as soon as Israel bombs Iran, you're looking at 1 - 2% drop in futures, maybe more.Nota
I can't get myself to hold a long position overnight, with my luck Israel will attack when I do, lol.The market did bounce even during COVID, so I might take a stab after Israel attacks..... but you know Iran is gonna do something stupid.
Gonna be tough to hold a long position this month.
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