Well, I posted last night that I wasn't gonna trade. Expecting a bounce tomorrow, but probably too small to make it wort teh risk. If a market can melt up, it can melt down as well.
My advice is to just stay cash and take a break.
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Haven't seen action like this since COVID, you can tell the market is trading scared.
It also looks like a lot of the algos have been shut off. Still think a bounce tomorrow, but I'm inclined to buy next week's puts tomorrow rather than going long today.
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Everything looks like it has another leg down, timing depends on teh Israelis. Does anyone know someone in the IDF? LOL.
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Probably more of the same tomorrow. Good luck.
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Futures went red
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Bought next week's puts this morning, looks like I was right. Indicators really don;t show much so no point in plotting
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Hezbollah drone injured 16, Israel will respond. I'm expecting them to bomb Iranian weapons factories. War is inevitable at this point.