today going to be a down 200 plus day

Market is red but I believe it will bounce back in the last hours and most probably out of the money calls and puts close to the strike price holders will get wedgied
 
Quote from hajimow:

Market is red but I believe it will bounce back in the last hours and most probably out of the money calls and puts close to the strike price holders will get wedgied

Bullish engulfing on the 5min at 12:55pm. Price moving up since.
 
Quote from LEAPup:

Bullish engulfing on the 5min at 12:55pm. Price moving up since.

Sets the tone for a bullish Monday. I guess. Nothing is sure in this market.
 
Quote from hajimow:

Sets the tone for a bullish Monday. I guess. Nothing is sure in this market.

We'll see where we are at the close, but yes, nothing is for sure in this market.
 
We closed with a long-legged doji on the daily. Bulls and bears are at indecision point. Watch for reversal.

I'd say we move up Monday.

You guys have a good weekend!:)
 
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