I trade options so i'm in and out mainly but here is my analysis of the current chart. i'm bullish on SPY BUT keep eye's on pull backs not to get trapped. larger time frames playing out imo so drops can be nice. think we have room to make money both sides, up and down. Always protect capital and take profits.
my rules on same day contracts:
I first check overall gains/loss on the contract to make sure it is within one or the other below before entry.
cut ties after 30% loss and let runners run after 30% gains.
my rules on same day contracts:
I first check overall gains/loss on the contract to make sure it is within one or the other below before entry.
cut ties after 30% loss and let runners run after 30% gains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.