2 red days and everyone jumped on the CRASH wagon
Almost as if a crash MUST happen and its just a Matter of how big the crash will be
Simply friday was quad witching 25 billion worth of spy were sold with deep itm calls (25 b worth of spy shares not 25b of options worth ) on Thursday and they had no reason to hold spy up
Market isn't crashing simply pricing in the fed news and up or flat from there don't buy the whole CRASH news
That being said maybe a gap fill at 404-401 area before another face rip up
Simply friday was quad witching 25 billion worth of spy were sold with deep itm calls (25 b worth of spy shares not 25b of options worth ) on Thursday and they had no reason to hold spy up
Market isn't crashing simply pricing in the fed news and up or flat from there don't buy the whole CRASH news
That being said maybe a gap fill at 404-401 area before another face rip up