Hello Master Traders,
The broader markets gapped lower today along with the large gap lower in Netflix (NFLX). That gap lower set the low of the day in the broader markets, the majority of sectors, and Netflix.
After the wrong-way options traders loaded up on puts (bearish bets) just after 10 AM, a power uptrend began.
In tonight’s video, I’ll review the day’s price action in the markets and why I told “Greenis” in the Green Room that this is perfect for the markets to move higher.
For best viewing, play in full-screen mode
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MasterTrader and You Building Your Financial Future Together
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Trading the Pristine Method — Origin and End
Dan Gibby
Chief Options Strategist
