What I learned today was it’s hard tell how oversold a markets needs to be to be at extreme levels oversold. Sometimes it needs to be at the max 150-190 s&zoom points below the 50 sma on the system before it bounces.
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Also leaned that just because the shorts made a fortune it’s not a sure thing that they will cover before the weekend,
In this case they felt confident staying short and held that position.
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One of the greatest things about your page Brian is that you know the market up down left right BUT STILL you keep it open to keep learning and adapting… sincerely years and years still to learn from the GOAT
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Wow!! Awesome!! I need to learn more about options trading soon.