55 replies to this topic

[redfoliage2]

Well, the selling on the war news from Middle East is well done today with the key support holding okay as it looks actively defended by some invisible force ............................ 

Edited by redfoliage2, 12 March 2026 - 02:42 PM.

[redfoliage2]

Well, the selling on the war news from Middle East is well done today with the key support holding okay as if it was actively defended by some invisible force ............................ 

 

Now with the war scenario re-priced into the market we are more likely to see a bounce tomorrow ..........................

Edited by redfoliage2, 12 March 2026 - 02:57 PM.

[12SPX]

I was driving yesterday so hard to message but last night after the close I sold the 6625 puts for $16.75 for this mornings data as I think the market is getting tired of going down.  At the least another level to work down to, should be another interesting day in the market!! 

[redfoliage2]

Now with the opening gap back filled, the market is likely to go higher from here .....................

Edited by redfoliage2, 13 March 2026 - 10:15 AM.

[redfoliage2]

At this juncture I see the market has been so set up that the greater risk may lie on the upside if any signs of de-escalation in the Middle East war emerge ............................. 

[redfoliage2]

Technically this market is at a bottom, but it's a news driven market ...............................

Edited by redfoliage2, 13 March 2026 - 02:39 PM.