Daytradefeed

No In-built rules. Play any card games

https://www.anycard.games/

Sponsored by: www.anycard.games No In-built rules. Play any card games just like holding cards in your hand with upto 10 players online!! Free to join and free joining in-game cash Bonus for limited time!!

NASDAQTrader.com

Fresh off the Blog – Warrior Trading

INO.com Trader's Blog

Blog – Simpler Trading

Blog – Option Alpha

– Tradingsim

Tuesday, April 5, 2016

Bullish Speculators Are Getting Flushed Out - Buy This Dip - Be Patient


One Option Trading Blog http://ift.tt/1RWhVlQ Posted 9:50 AM ET - Yesterday the market took a breather and we are seeing some follow-through selling this morning. The SPY will breach minor support at $205 and we could hit a small air pocket as bullish speculators get flushed out. I mentioned this scenario in yesterday's comments. The overnight news was fairly benign and this round of selling is nothing more than a speed bump. Buyers will stay engaged ahead of earnings season and I believe this will set up a nice little buying opportunity. I want to stay passive and I might sell some bullish put spreads if …

No comments:

Post a Comment