Market delta analysis reveals a lack of aggressive selling pressure, with sellers seemingly reluctant to execute market orders. This absence of downward force could explain the current price stability. However, a sudden shift in sentiment could trigger a cascade of sell orders, leading to a sharp price decline.
Yesterday, I opened short positions based on observed anomalies, but unfortunately, my one-day options expired worthless, and my futures position was stopped out. This was an acceptable loss within my risk management strategy. It's important to remember that not every trade will be a winner, and managing losses is a crucial aspect of successful trading.
