Monday Morning Rundown 2-28-22 Trading the Market After a HUGE Gap Down Overnight
Feb 28, 2022
Hello friends! Wow! Looks like we’ve got a lot in store for movement in the market this week. Of course, we had some things happen in the world last week, which has made things move a little erratically. The effects that it has had on the market has truly shown. We had some big moves to the downside and it seems like we are working hard to keep moving it up.
But as we saw overnight—there was a HUGE gap to the downside when the market opened Sunday night. And those gaps can be confusing because—in one hand, your mind is really into the move down and wants to anticipate the continuation of the move—but in the other hand, there is the gap close. Which is where the market will work, HARD, to close the price gap that was created from that particular move.
This will lead us to a bit of confusion—and while it is giving the looks of a move to the downside, but we also stay aware to the opportunities to close that gap. Best bet is—let it work itself out for a minute and to NOT try to force the market into your thought process. Better to listen to what it has to say and make the choice to do the right thing over what you want it to do.
Any way it goes, I hope that you make amazing decisions today, that you are safe, that you are happy and that you know there are amazing things waiting for you out there my friends! Much love good peeps. Hugging you from Texas today!
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