Congestion is a market situation where the demand of contract holders wishing to exit their existing positions is matched by the supply of willing participants wishing to enter into the offsetting position. It is often a period of time when a stock trades either below resistance or above support. We look to play these support/resistance […]
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Today’s video discusses several reasons for Monday morning’s weakness, including a potential political problem. The video dovetails well with Friday’s post of the S&P 500 support and resistance levels (Hint – it’s on one right now).
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