All futures gaps will fill... but who knows when? We already had an open gap above.
This time around, virtually everything has an open gap. Gold futures have a small open gap, BTC futures have a big ass one, Nikkei, FDAX, the rest of Europe and Asia, oil, silver, and other commodities as well.
XLF will complete the H&S pattern tomorrow, so maybe we get a bounce Tuesday, who knows? Everything's oversold with open gaps, but there's farther to drop if the tariffs aren't reversed somehow. The GOPs in the House aren't ready to cross Trump, so it's up to negotiations or the court system. That's gonna take weeks or months.
Pay attention to the news. Unfortunately, I can't update during the day, and barely have time to read the news myself anyways. Good luck, sorry that I'm not more help.
This time around, virtually everything has an open gap. Gold futures have a small open gap, BTC futures have a big ass one, Nikkei, FDAX, the rest of Europe and Asia, oil, silver, and other commodities as well.
XLF will complete the H&S pattern tomorrow, so maybe we get a bounce Tuesday, who knows? Everything's oversold with open gaps, but there's farther to drop if the tariffs aren't reversed somehow. The GOPs in the House aren't ready to cross Trump, so it's up to negotiations or the court system. That's gonna take weeks or months.
Pay attention to the news. Unfortunately, I can't update during the day, and barely have time to read the news myself anyways. Good luck, sorry that I'm not more help.
Nota
Also, tomorrow is margin call Monday. Everyone trading on margin is gonna have a margin call, so that may cause additional selling. We will see. Remember, people were actually BUYING before Trump's speech. They're all waaaay under water now.Nota
GAP FILLED, in hilarious fashion at that. Unfortunately I could not day trade today, I was thinking about buying PCAR stock before the pump, but was afraid I wouldnt be able to sit and watch it all day. If I knew they'd pump teh crap out of the market to fill the gap, I could've made 4 or 5% easily, lol.The pump algos are on full force tonight, right before Trump lays anotehr 50%tariff on China, lol. Could be some serious pump and dump tomorrow, watch out.
Nota
Also, I was right about margin call Monday, teh algos pumped it literally 7 times today, and yet couldn't finish in the green.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.