Not that I believe this will happen, but I gotta post the possibilities, especially since there's so many bears stuck in bad positions with puts, I gotta give them some hope over the weekend.
Here's the megaphone super bear 100 pt drop scenario for next week. Would take a war to cause that, but whatever.... we were pretty darn close to one this week.
Regardless, I'm bearish for Monday, but unless there's really bad news, I think we get a gap fill and bounce back up later next week.
All the good news is out, so I don't expect the market to gap up, but you never know....
Here's the megaphone super bear 100 pt drop scenario for next week. Would take a war to cause that, but whatever.... we were pretty darn close to one this week.
Regardless, I'm bearish for Monday, but unless there's really bad news, I think we get a gap fill and bounce back up later next week.
All the good news is out, so I don't expect the market to gap up, but you never know....
ノート
So the expectation for next week is down on Monday and a reversal Mon afternoon or Tuesday since the China deal happens on Wed. If the deal falls through, then the super bear scenario will happen.We may get a "sell the news" type event and go down anyways, lol.
ノート
Likelihood of this happening looks very small at this point though we could see a pullback soon….
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