Shorts Should Cover ..'Island Gap" Bullish Reversal Possible !
S+P 500 could to be setting up,
or a very sharp move to the upside,
technically called an "Island Gap Reversal"
Overnight risk is extremely high,
for any short position.
Risk./Reward potential tells me to cover short positions
by today's market close.
If I am wrong about this,
there will be plenty of additional opportunities
to get back into a short position.
This is not trading advise.
Please remember that.
SPX Last 2870.89
THE_UNWIND
5/9/19
NEW YORK
or a very sharp move to the upside,
technically called an "Island Gap Reversal"
Overnight risk is extremely high,
for any short position.
Risk./Reward potential tells me to cover short positions
by today's market close.
If I am wrong about this,
there will be plenty of additional opportunities
to get back into a short position.
This is not trading advise.
Please remember that.
SPX Last 2870.89
THE_UNWIND
5/9/19
NEW YORK