BY MARK SEBASTIAN
March 27, 2025
Hey Traders,
A surprising amount of damage was done on Wednesday to markets.
We had a huge rally on Monday with limited follow through on Tuesday. But Wednesday … welp … we got another tariff headline.
Markets proceeded to blow through not just the 200 DMA but the 21 DMA closing just below the 21 DMA.
If it opens lower … I am going to want to kill my TQQQ trade and buy some SQQQ.
That said … we might bounce; big data in the AM and Trump’s discussion yesterday was not that bad.
Plus there’s the VIX, still in contango:
If we rally today, it’s because of this.
Speaking of today … you have to be there at 7 p.m. ET today. In this high volatility environment, Hans and Hannah might have a key: consistency and gains. That’s what they’re producing … check it out by clicking here.
Let’s Recap Yesterday’s Trade
No trade on Wednesday, but we do have the super overnight.
The market was kinda meandering down all day; the only real flush happened shortly after the open.
We are working on something fun around candles – don’t miss today’s session.
…Today’s Outlook
There is a lot of economic data and we have to digest the action from Trump.
If we open up above the 21 DMA we might get a nice pop. If we open lower, you will want to be positioned bearish.
Call Ted if you aren’t currently a member – 888 872 3301.
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
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