Exhaustion Gap Confirmed

Diupdate

Sell off finally came after a post-gap mark-up of approx. 600 pts to 31116, the third trading day after the exhaustion gap.

Catatan

Catatan

Later check up of OI at March proved my point. There was over great deal of March contracts opened on 22 Feb trading session.

Catatan

Price volume action is quite good for the bulls right now: price getting more consolidated and volume at night market is moderately vibrant.

Catatan

A gut feeling that for a complete bearish run, there should be an accelerated sell off. Atm, market sentiment is not panic enough.

Catatan

bear and bull movement in option market was tie today.

Catatan

big 1m (500+ contracts) volume in NY session, tend to be bearish.

Catatan

still in short, not comfortable with the pullback this morning, though.

Catatan

Feeling quite lost, have closed all my short. Needa go sideway to get back myself.

Catatan

No thing indicative in option market, call/put trades were neutral while most movement today was short against volatility.

Catatan

Let's move to a new post for continual analysis.

history doesn't repeat itself but it rhymes

ffaz

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.