Today's 700 drop in DOW seems very orderly..... tax loss selling? NVDA is still green, SMH is in strong support.
IWM - you see huge put OI on Jan 17 2025, this patter USUALLY is a perfect recipe for (at lease short term) sharp rally.
but feeling there is a chance I will be making the same mistake as in Jan 2022 buying the "bottom" in 4600s, I looked at then and now I think they are quite different.
Today's 700 drop in DOW seems very orderly..... tax loss selling? NVDA is still green, SMH is in strong support.
IWM - you see huge put OI on Jan 17 2025, this patter USUALLY is a perfect recipe for (at lease short term) sharp rally.
but feeling there is a chance I will be making the same mistake as in Jan 2022 buying the "bottom" in 4600s, I looked at then and now I think they are quite different.