PENN Entertainment, Inc.
شراء
تم تحديثه

Worst vs Rest

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I was following the x4 OPEX closely last week because options are the market.
2 Weeks until Quad Witching


The amount of QE liquidity in options over the past 2yrs has been distorting this bull trend for 2 yrs but also causes predicable dips during OPEX.
Buy the Dip Trend


So it wasn't a surprise Thu-Fri Dip to 20 50 EMA was this predictable.
VCP Pattern for a Long Christmas Rally Trade


The only question now remains.

Do we rally back next week OR does the real correction start?

Most of the evidence I observe points to a rally.

But there is a mounting case for further correction to the downside.

Further downside would trigger liquidations and amplify bull capitulation.

Next week is THE week. Christmas Rally or Coal.

Choose a side.
ملاحظة
DIS and GOOGL first out of the gate.
twitter.com/DeItaone/status/1472661155332112394

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