Late last week we began to warn that another smash backward was likely with the December expirations this week...and here we are. So what happens next? Well, according to my plan, we'll see some more weakness in the next few days but my hope is that a further drop will hit my targets and allow me to take some trading positions into December.
For today, let's start with some forensic analysis of the price smash that began shortly after the Globex reopen last evening. Was it all just "natural and organic" or was something more nefarious taking place? Please click to expand this X...