Have no idea how accurate it is, but it's probably all we got to go on. Unless someone knows about other platforms that host 'weekend futures'
A dead cat bounce could easily take the S&P up 500+ points next week. It has been ranging 300 points in just one day lately. So moving up 500 points would be no big deal..
I think that's what most are expecting...a gigantic drop Monday with another negative open Tuesday followed by the reversal Tuesday mid morning on extremely heavy volume..
Hello v-shape-0DTE, At 8:30am central Monday morning, I am long 5000 contracts Call SPY Options Long, 0DTE. I will buy as many contracts as I can afford with all the money in my options trading account. Only a stupid idot will short the market on Monday. The short sellers are already done and bought Ferraris, paid kids college tuition, bought girlfriend new house, on trip with wife and kids. Paid off all debt. Retired. Buy the Market.
That can easily happen but if it did it would be at time to unload all profits and wait it out. Volatility will create 200 to 300 point moves weekly in the S&p as long as the vix is above 25!
Come next Monday, the market will surely go up and down and up and down and up and up and down and down and up and down and down and up .... like what happened last Friday. So make sure you click BUY/SELL and click BUY/SELL and click BUY/SELL and click BUY/SELL and click BUY/SELL and click BUY/SELL and click BUY/SELL and click BUY/SELL and .... accordingly. This is day traders' dream as there are tons of trading opportunities. So don't go to internet and hunt for crystal ball prediction information.
How do these 2 comments go together? You have said so many guarantee this, guarantee that over the last few months and have been wrong over and over again, haven't you learned anything from that?