EWI Exhaustion Gap

Oct 17, 2019

Euro markets all threw gravestone dojis this morning, I should have bought some Italy puts. Looks ike an exhaustion gap, but in reality it was a gravestone in the actual index. (Pattern difference is caused because the markets aren't open at the same time.)

I bought some EWW (Mexico) puts instead, because of better liquidity, but his would have been a good play as well.

Oct 17, 2019

Note

BTW, pay attention to what the Euro markets do because US futures trade in the same direction. I'm bearish for tomorrow because I expect Euro markets to dip tomorrow morning.

Oct 18, 2019

Order cancelled

Not sure what EUro markets are doing, decided not to go in. Looks almost like it has another leg up to go