This is a follow up to my previous FB post. Stocks are in a tug of war, stalling. Looking for RSI to turn lower, as it is hovering under 50. Not much selling pressure and volume is lower today. Generally, stocks have not broken Tuesday's lows. From what I see across multiple charts, stocks may open higher or lower tomorrow, probably depending on news. I will close most of my puts today unless I see technicals to support holding overnight. This is a great time to keep capital for quick day trades.
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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.