Watch out for the this weeks options expiry on Thursday (Friday being holiday)
During volatile time option expiry does produce sharp moves. They are not that significant during normal markets. Also key levels approaching. Monday after Easter, I am expecting the new move to happen. Breakdown or breakout.
I am sure the big boys are aware from the social media that everyone is expecting a reversal and they will set up a trap. They will make us thing we are wrong create a FOMO to the upside and then sell
A volume drop could indicate a big move
During volatile time option expiry does produce sharp moves. They are not that significant during normal markets. Also key levels approaching. Monday after Easter, I am expecting the new move to happen. Breakdown or breakout.
I am sure the big boys are aware from the social media that everyone is expecting a reversal and they will set up a trap. They will make us thing we are wrong create a FOMO to the upside and then sell
A volume drop could indicate a big move
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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.
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.