Options expiration and today is Friday, so probably reverses course and bounces at 11am PST. Indicators for every index in the middle, so no direction for Monday, but I think there's a potential for a big gap down next week.
Have a dentist appointment in 45 minutes, so I'm done for the day and going all cash over the weekend. Made some beer money on DLTR and NKE puts, those trades netted decent returns but I screwed up on a couple of trades earlier this week. Tough market to trade for sure. Seems like it gets harder and harder, lol. Market whipsaws quite a bit and not every stock is following market direction, so a lot more guessing than I would like.
ES, YM, and RTY indicators are in the middle as well, so not gonna post them.
Have a dentist appointment in 45 minutes, so I'm done for the day and going all cash over the weekend. Made some beer money on DLTR and NKE puts, those trades netted decent returns but I screwed up on a couple of trades earlier this week. Tough market to trade for sure. Seems like it gets harder and harder, lol. Market whipsaws quite a bit and not every stock is following market direction, so a lot more guessing than I would like.
ES, YM, and RTY indicators are in the middle as well, so not gonna post them.
In any case, ES and YM RSI went oversold, hence the bounce. Just posted an ES plot.