Market Notes for 1/23-1/27
Recap of last week: Last week we mentioned that there was big buildup in options positioning at the 4000 strike which could lead to a very choppy week around that level, we chop there on Tuesday then begin fading on Wednesday and continue to drop on Thursday. We also noted that you should fade any extremes if the market moves either side of 4000 which played well on Friday as the market bounced big from the buy zone.
Economic Calendar/Important Earnings for the week:
Monday
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