Early bird gets the worm.
This was super quick drop - even small time frames were bleeding out.
SPY Futures tanked and hit down limit circuit breaker at 5% ON THE OPEN...LOL
When people need liquidity for margin...they gotta sell something.
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This was super quick drop - even small time frames were bleeding out.
SPY Futures tanked and hit down limit circuit breaker at 5% ON THE OPEN...LOL
When people need liquidity for margin...they gotta sell something.
About Me
www.moneypatterns.com
Options Strategies, Video Technical Analysis, Instant Alerts, Specific Options Order Entry Details, Daily Updates, Equities & Crypto, Weekly Breakdowns, Charting Service, & More in Members Area!
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts and on www.moneypatterns.com
Trade closed manually:
Looks like we may experience a total market selloff with panic selling affecting every financial instrument.
I do not recommend being totally out in case things turn. I do recommend reducing position size considerably (70-90% or greater).
If DJI goes to 18K or 13K ,then bleeding will most likely continue with BTC and GBTC
I do not recommend being totally out in case things turn. I do recommend reducing position size considerably (70-90% or greater).
If DJI goes to 18K or 13K ,then bleeding will most likely continue with BTC and GBTC