Replies to post #101852 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

I'm looking for a test of the 1336 COMP low on May 6. I anticipate the COMP may hold, but the NDX may make a lower low than 1020 or 1015, setting up a divergence that we'll take care of after expiration.

Max Pain for May was around 26.50 QQQ last time I checked, so that would leave about 40-50 points for a bounce, enough for a 50% re-trace of a drop.