After a hard and fast selloff there has since been some recovery. The 3857 level was resistance on the last hour’s hourly candle and is currently support on this hour’s candle. Let’s see if they use the support to push higher or we fall through the floor.
For FMA subscribers… Not much in the way of unusual options trading and nothing yet popping on the radar. The hard and fast drop then pop has caused some mixed calculations. We’ll see how the day finishes out. If anything it appears there is a chance for 1-2 short positions popping on the radar before the day finishes out. Let’s see how it goes!