Hey traders,
Weakness overnight I think puts us in a tough spot here. I expect to see some buyers try to defend 4390-4400 area. If they are not able to do so, I would look for a nasty down move.
We are in negative gamma territory in Nasdaq and we are seeing a shift out of big tech and into the 10 year note. What does that mean for us? Well, if NQ can sustain weakness we could get some forced margin selling, which can influence SP500 futures as well.
This is not a doomsday prediction, as I am long myself here. However, I would be careful under 4390. I have my stops around 4380 just so I'm far enough away that I won't get hurt too bad if the market goes south today.
Weakness overnight I think puts us in a tough spot here. I expect to see some buyers try to defend 4390-4400 area. If they are not able to do so, I would look for a nasty down move.
We are in negative gamma territory in Nasdaq and we are seeing a shift out of big tech and into the 10 year note. What does that mean for us? Well, if NQ can sustain weakness we could get some forced margin selling, which can influence SP500 futures as well.
This is not a doomsday prediction, as I am long myself here. However, I would be careful under 4390. I have my stops around 4380 just so I'm far enough away that I won't get hurt too bad if the market goes south today.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。