I think there is more downside despite this reversal. Made pattern adjustments and I see a megaphone. Rumors of war, Fed hikes, Guidance adjustments after earnings.... and so I'll be looking for puts on the way down to the descending line and calls toward the midpoint of the megaphone. If you have a chart, I would love to see what you see for comparison. Good luck on your trades.
Megaphone Refresher:
www.futuresmag.com/2...g-megaphone-patterns
Megaphone Refresher:
www.futuresmag.com/2...g-megaphone-patterns