Lots of meat left on this bone...

2022年3月10日

That Gann angle (red line) has been resistance for a decade...It's the same line I used to call the pandemic drop 2 years ago. Expecting wave A to terminate there when it gets tested around 3950 in early April. According to monthly RSI, we're not even a minor correction yet and no where close to capitulation. Dip buyers abound and are live and well. STFR.

2022年3月12日

註釋

Here's what I'm expecting on the daily... The current uptrend is on life support right now and when that channel breaks it's over... June puts look like a good medium term play, but the thing that caught my eye is the crazy amount of open interest on April 14 puts in the 340-360 range. Possibly hedges for a VERY negative reaction to the FOMC or perhaps this pattern I've drawn will be greatly accelerated?