I assume we consolidate in order to burn up some of that over-extended bullish premium.
Gamma is tight to the upside and so far we have maintained the bullish premium trend so unless gamma flips or premiums become heavily sided on the side of puts I don't see why we don't test 430 by EOD.
Gamma is tight to the upside and so far we have maintained the bullish premium trend so unless gamma flips or premiums become heavily sided on the side of puts I don't see why we don't test 430 by EOD.