3/29 Recap.

Interesting session today, I waited to write this because I wanted to see more of this move that is unfolding but as of right now, we’re coming out of the previous resistance we were in and going up over the previous uptrend. We had just been stuck in neutral for almost a month and finally in one session we seem to be emerging from it as you can see below. The moving averages are now curling up, the strength should continue for a bit. This is a pretty crushing blow to bears having it break below both trendlines and then reverse course.

Trends

1 Week

2 Week

1 Month

2 Month

Today’s Unusual Options Flow & What Stood Out