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Re: outlook2020 post# 159932

Tuesday, 09/20/2022 10:36:25 AM

Tuesday, September 20, 2022 10:36:25 AM

Post# of 198962
Yeah they can definitely be a little tricky here but, we know they are dumping on the ASK, and looking to bring the sp lower after someone hits the ASK. And usually there is 2-3 other market makers with big ASKS right behind them to discourage anyone from hitting the ASK, which makes it easy for them to bring it down further on no vol. We are down over 40% or so over the last couple months, but on extremely low vol, so it's not like there is a mass selloff here by any means, just a horrible macro environment and nothing to excite retail traders at the moment. RSI needs to reset and we should see a bounce just off of that, is we have been oversold for awhile.