A continuation of the initial value rotation, GP reject short after the 0.75 to 0.5 rotation and GP pivot. Sloppy entry, trend continuation.
TP1 was 80400, after tapping 79900 and starting to pull back, I decided to close trade as SNP was starting to reverse as it pixeled the lowest gamma. On PPI day SNP is a huge influence and it was headed to VWAP which was very far away and a potential pullback to GP would result in a roundtrip.
TP1 was 80400, after tapping 79900 and starting to pull back, I decided to close trade as SNP was starting to reverse as it pixeled the lowest gamma. On PPI day SNP is a huge influence and it was headed to VWAP which was very far away and a potential pullback to GP would result in a roundtrip.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.