Today's Action: Premarket as of 7:03 AM EDT

 

Market Overview

• Premarket Mixed
• BTC Down
• Gold Up
• WTI Up
• Brent Up
• Bonds(yield) Down
• Vix Down
• Existing Home Sales at 10 AM
• Fed Chair Powell Testifies at 10:30 AM
• Tesla: Battery Day Event
• Article: Opinion: The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble
• Article: Investors pulled $3.5 billion out of the biggest tech ETF in a single day — the most since 2000

Flags from Monday: Suggested Stop Loss for the Best Result

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.