Favor the Short Side Until You See This

October 3, 2022
Author: Peter Stolcers, Founder of OneOption

The market is deeply oversold, watch for a deep low that reverses.

PRE-OPEN MARKET COMMENTS MONDAY – The market made a new low for the year Friday and the losses in the last 10 minutes of trading were probably related to the end of the quarter. This morning the market is taking back those late loses. Overseas markets were soft and I don’t trust this early bounce.

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