October 26, 2020 7:32 pm / Published in * Trade Alert

SPX Update and view (pro)

This week is packed of key earnings.

The SPX closed right at the Feb 2020 high.

I think that by Dec 2020 the index will be higher but of course I can be wrong.

I am not taking large risks because options premium and volumes are not high enough yet.

#SPX did not close as bad. Key earnings this week pic.twitter.com/c3auufu0N2
— Mario Randholm (@MarioRandholm) October 26, 2020

We got significant selling pressure today until 13:30 on the other hand, it was not was bad as it could have been if we closed at or near the lows.

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SPX Update and view (pro)

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